Entire Bay Area soars above $5 gasoline price for the first time

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Entire Bay Area soars above $5 gasoline price for the first time
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Average gasoline prices are now above $5 a gallon for the first time in the entire Bay Area — and all of California, a forbidding rise that’s poised to fuel the region’s inflation…

— Solano County, $5.12Regions that are near the Bay Area also have rocketed above the $5 benchmark.

Prices in Central Valley regions stretching from Sacramento County to the south tended to be under the $5 mark, the AAA gas survey showed. Over the one-year period that ended on March 4, average gasoline prices jumped by 37.2% in the Bay Area, 36.8% in California and 39.8% in the United States.This means Bay Area gasoline prices are higher than the nationwide price average by a head-spinning 35%, or $1.34 a gallon.

Well before the war in Europe erupted, average gasoline prices had already skyrocketed in the Bay Area.Over the one-year period that ended on Nov. 26, gasoline prices in the Bay Area had risen roughly 47%, according to this news organization’s analysis of statistics posted on the GasBuddy site.

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