The Brief
- Gasoline prices in the Bay Area jumped by more than 8 cents overnight, bringing the average for a gallon of regular to $6.24.
- Diesel costs have reached upwards of $8 a gallon, creating a significant financial strain on the region’s trucking industry.
- Market experts warn that if current trends continue, the Bay Area could surpass its all-time record high of $6.61 as early as next Wednesday.
OAKLAND, Calif. – Gas and diesel prices are surging across California with no sign of relief in sight for months.
On Friday, the statewide average for a gallon of regular gasoline increased by 5 cents overnight to $6.06.
However, the six major Bay Area markets – which historically see higher prices than the rest of the state – saw an even sharper spike of 8.2 cents overnight.
Prices continue to rise
Following Friday’s price jump, the average price for regular gas in the Bay Area sits at $6.24. …