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Rise in Gas Prices to Continue?

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    GasBuddy.com Senior Petroleum Analyst Patrick Dehaan on the rise in gas prices.

  • Duration 3:02
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-- -- -- So to add on to the myriad of crises that we've already gotten three meeting to brace yourself at the -- wholesale gas prices in Southern California.

Surged seventeen cents yesterday.

Yesterday.

That was Wednesday so you wish you build up on Tuesday they could reach four dollars a gallon for drivers Patrick to -- of the senior -- Analysts with gas buddy dot com Patrick welcome the show what's so special about Wednesday that the price of gas shot up seventeen cents.

-- it's everything's been finally realized that the pump we saw -- wholesale prices have been going up and up and up.

And they started to jump more significantly starting this weekend and Monday Tuesday and Wednesday.

Especially Wednesday we saw the EIA come out with some lousy data and and West Coast prices really had started to take off -- of multiple issues going on there you have the switch over in the Southern California to cleaner burning gasoline.

Extensive refinery maintenance this year for whatever reason that's really helping prices be supported out there yet the rising price of oil in the background.

And you know you just pointed out the S&P -- at records or had to having its best January.

Is since 97 oil prices.

Follow everybody else so what oil price is doing they're going up and of course gas prices follow that.

So it sounds like Wednesday with terrible but it's getting continue to be our policy should fill up as soon as possible prices -- just going up indefinitely.

Sound like a broken record it's time right amount yes gas prices are going up and up especially in Southern California the Great Lakes got knocked I was looking -- Grand Rapids, Michigan today January 60 of their average price.

Was 318.

Stations aired today selling as high as 375.

The Great Lakes are getting hammered so -- the West Coast in the form of Southern California but everybody along the West Coast will feel it to a lesser extent.

There's no roses here there's really -- -- would.

Tiny -- -- because we just wouldn't full of bad news here at this whole first block Eminem.

I I can't even take it is there any good news of the gonna go up all the way through the spring into Memorial Day or what's the deal.

-- I I don't know how much good news -- -- provide -- I mean overnight there was a refinery explosion in Ohio.

It's not gonna get much better than that I -- summer is upon us.

Gas prices I can't say have ever gone down between this time of year end summer so no there's not really any good news and side.

Wow I -- -- -- -- can do for people as I have gone your website and it he did just give you commercial.

But if you do go to Gaza but I don't mind that I you know minded on that you look around your neighborhood you can at least foreign wearing your neighborhood.

You can find the cheapest gas right.

And that's that's all the essence here when prices are shooting up thirty cents -- one point.

At least if you're out shopping around if you drive by -- -- that's through the roof.

You least you can final and that hasn't gone up yes so -- at least if you can't be high prices.

In the form of you know filling up and it'll or price at least you have the chance down to perhaps find -- -- that's.

You hate I don't know we're gonna squeeze in a break up and go get a cocktail Patrick -- -- thanks for -- a lot of -- -- time.

I'm Melissa --

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