US gas prices jump 13 cents a gallon, 26 cents in last month

AP News
Posted: Feb 22, 2015 3:56 PM

CAMARILLO, Calif. (AP) — The average price of a regular gallon of gas jumped 13 cents in the past two weeks to $2.33, repeating the hike seen two weeks prior for a total 26 cents rise in the last month.

Industry analyst Trilby Lundberg said Sunday that the rise follows months of crashing prices and is still $1.08 per gallon less than a year ago. She attributed the rise to an increase in crude oil prices in mid-January and labor strikes at several refineries.

In Southern California, prices also rose following an explosion at ExxonMobil's Torrance refinery.

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Los Angeles saw prices jump more than 35 cents making it the highest-price gas in the lower 48 cities surveyed, at $2.91.

The low average was in Salt Lake City at $1.91.