San Diego's Morning News with Ted and LaDona

San Diego's Morning News with Ted and LaDona

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POLL: How Not to Fume Over Gas Prices

So what is going on with gas prices?

Have you noticed? Prices have been going up in recent weeks. Penny by penny or a few pennies by a few pennies.

The average price for a gallon of regular gas is now just shy of three dollars a gallon. That’s the highest it's been since January 14th.

The average price for gas in San Diego County is now almost 13 cents higher than a month ago and 61 cents more than it was one year ago.

So will gas prices keep going up for a while and if so for how long?  Experts predict gas prices in California could reach $3.70 cents by early summer and maybe even reach $4.00 per gallon.

Most of us become a little suspicious about increases in gas prices, because of the reasons that are sometimes given, such as breakdowns at refinery plants and problems like that.

Pricing is supposed to be about supply and demand and it is. But sometimes there are questions about how the supply is managed and how the demand at times is created.

For now, we have to just deal with the rising gas prices. But with spring approaching, it usually means gas prices go up anyway, because of California’s rules for summer and winter blends...and Memorial Day weekend and the increased driving trips during the summer that of course drives up the demand.

For now as we fill up at the pump, it would be easy to gripe, but we have learned to grin and bear it and pay for it...because in the end, there's not much we can do about it.

(Photo credit Getty Images)


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