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UPDATE: Gas above $4 in SCV again

Posted: August 8, 2012 11:05 a.m.
Updated: August 8, 2012 6:14 p.m.


Gas prices hit $4 a gallon at many filling stations in the Santa Clarita Valley on Wednesday as the effects of Monday’s refinery fire continue to be felt.

The average price of regular unleaded gas rose two cents locally on Wednesday, and experts say California residents should expect continued increases.

The cheapest gas in the Santa Clarita Valley could be found at two membership-only stations, which were selling regular unleaded gas for $3.79 a gallon as of 4:10 p.m. Wednesday, according to gas price tracking website

Gas prices at the rest of the stations exceeded $3.80 a gallon for regular, with one station jumping to $4.09 by 4:10 p.m.

Prices rose some five cents a gallon on Tuesday.

The price change came as a shock to Valencia couple Frank and Ana Guzman, who paid only $3.15 a gallon for regular gas last week in Arizona.

They paid $3.79 a gallon for gas at Sam’s Club in Canyon Country on Wednesday afternoon. The two try to drive as little as possible because of gas prices, they said.

“We don’t drive out of the valley unless it’s really necessary,” Ana Guzman said.

Canyon Country resident John Ragsdale said he was surprised to see gas prices so high Wednesday afternoon at Sam’s Club.

“It was 10 cents cheaper a couple days ago,” Ragsdale said.

The average for regular unleaded gas is expected to reach more than $4 a gallon soon, according to gasoline pricing experts. Gas was last above $4 a gallon in the Santa Clarita Valley the last week of June.

The fire Monday night at Chevron’s refinery in the Northern California city of Richmond — one of the West Coast’s bigger refineries — was expected to continue affecting gasoline prices in the region.

The Richmond refinery produces about 150,000 barrels of gasoline a day — or 16 percent of the region’s daily gasoline consumption of 963,000 barrels, said Tom Kloza, chief oil analyst at Oil Price Information Service.

Chevron spokesman Lloyd Avram said he did not know when the refinery could be restarted and declined to comment on the impact the shutdown might have on the gasoline market.
The Associated Press contributed to this report.    




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