Late yesterday, UCAN, the Utility Consumer's Action Network requested that California Attorney General Kamala Harris investigate the "perfect storm" that has created the highest retail gasoline prices in U.S. history. Get the letter and get the full story here.
Gas prices have climbed almost 60¢ in San Diego since Monday, and 40¢ since Thursday afternoon to a new all-time record high of $4.72 a gallon in San Diego. Governor Brown has ordered CARB, the California Air Resources Board to allow refineries to sell their inventories of winter blend gasoline, claiming that it will improve reserves of gasoline by as much as 10% and alleviate the alleged shortage of fuel Meanwhile, Senator Feinstein has asked the FTC, the Federal Trade Commission, to investigate California's refining industry to see if this unprecedented price hike is the result of unlawful market gaming.
Oil prices are declining, yet gas prices have increased.
San Diego Average Gas Prices
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