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Bay Area gas prices tick up after Chevron refinery fire in Southern California

Gas prices in California are expected to rise after a Chevron refinery caught fire last week in Southern California.

A petroleum analyst told NBC Los Angeles prices could go up 15-30 cents a gallon. But the impact of the blaze in El Segundo has been minimal in the Bay Area so far, with gas prices up between 2 cents and 5 cents a gallon.

Here’s a breakdown of current prices versus what they were a week ago in the Bay Area’s three largest cities, according to AAA:

  • Oakland: $4.65 vs. $4.62
  • San Francisco: $4.75 vs. $4.73
  • San Jose: $4.60 vs. $4.55

Last week, Chevron took several of its processing units off line at the El Segundo refinery after the fire, which was extinguished by Saturday. Some units were brought back on line by Tuesday.

Last month, Gov. Gavin Newsom signed into law new legislation to allow the state to produce more oil and build up California’s sea ports wiuth the hope of getting more tankers to dock here on the West Coast.


Source: NBC Bay Area

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