Sacramento gas prices expected to rise after Chevron refinery fire in El Segundo

Experts say gas prices in Sacramento are expected to rise as soon as this weekend due to a fire at the Chevron refinery in El Segundo.

Matt McClain, a petroleum analyst at the technology company GasBuddy, which provides gas price tracking along with market insights for drivers and businesses, said the region could begin seeing increases of 10 to 20 cents per gallon. How long the price will stay elevated depends on updates from Chevron about the extent of the damage and how long repairs will take.

“It’s really important for people to understand that the more they go to the gas stations locally and start topping off their tanks and filling up, that creates a lot of additional pressure on the overall supply-and-demand situation,” McClain said…

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