Gasoline prices set a record in Sacramento and several other California markets Monday, and consultants said motorists should prepare for $4 gas sometime this year.
AAA said the average hit $3.49 a gallon for self-serve regular in Sacramento, up 2 cents from the day before and a resounding 39 cents since a month ago. Sacramentans also paid more than ever for diesel fuel, $3.88 a gallon.
The main culprit was runaway crude oil prices, which hit $103.76 a barrel on the New York Mercantile Exchange. Analysts said higher energy prices will cause further harm to an economy laid low by the slumping housing market.
No comments:
Post a Comment