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Gas Prices Shoot Up

Sonora, CA — The average price of a gallon of gasoline has shot up 12 cents over the past three weeks.

This is according to the latest Lundberg Survey of fuel prices. Nationally, the average price for a gallon of regular unleaded is $3.36. In California, the average price is $3.64. The Los Angeles region is the highest at $3.69.

The myMotherLode.com gas price section shows that regular unleaded is currently selling between $3.45 to $3.61 in Sonora.

The Associated Press reports that many analysts believe the price is going up because Iran continues to threaten the closure of the Strait of Hormuz, a vital waterway for global oil shipments.

This post was last modified on 01/09/2012 7:50 am

Written by BJ Hansen.

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Tags: California