California gas prices have jumped 51 cents over the past month. The average price for a gallon of regular, unleaded is four dollars and 36 cents. Matt Skryja with Triple-A says, believe it or not, the price isn't going up like it was:
Skryja: "The increases that we saw a few weeks ago of multiple cents has slowed. Now it's a little bit less, meaning that it's going to one or two cents a day - even in some cases it's close to plateauing."
Skryja says the increases have been driven in part by recent
positive economic reports in the U.S. and Europe, which have
spurred investors to buy more oil and gas futures. He says
demand for gas in the U.S. is actually down quite a bit - which has
probably helped keep prices from going up even
more.