Here comes $4 Gasoline

03-22-2011 • CalculatedRiskBlog.com

From Eric Wolff at the North County Times: Analysts see gas headed back to $4 a gallon The average gas price may reach $4 a gallon by Thursday in San Diego County, and Riverside-San Bernardino counties won't be far behind, gasoline analysts said. The average price Monday for a gallon of regular unleaded was $3.955 in Riverside and San Bernardino counties and $3.977 in San Diego County, according to AAA. Both prices exceeded the price of gas at this point in 2008, when gas prices peaked in June at $4.63. California has higher gasoline prices than most of the U.S. - and San Diego is usually near the top in California - but prices are moving higher for everyone (although still below $4 per gallon for most).