Business & Tech
Gas Prices Skyrocket after Predicted Decrease
One gas station in Capitola has premium for $4.89 per gallon.
It was just nine days ago that Marketwatch predicted a continued decrease in gas prices.
The cost per gallon was down at about $4.12 for regular in Santa Cruz County at the end of September. But things literally changed over night as we reached the tail end of this first week of October.
As of Friday afternoon, both the cheapest and most expensive gas stations in Capitola-Soquel sit just yards apart.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
USA Gasoline in front of Safeway on 41st Avenue has regular for $4.45, while Cruz Car Wash across the street offers it for $4.69, with premium costing $4.89 per gallon.
But still, patrons of Cruz Car Wash use their pumps.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
The sharp rise has been attributed to decrease supply coming out of California's refineries, including the Chevron refinery in Richmond.
What are you doing about the spike in gas prices? Our public transportation options in Santa Cruz County are limited. Why do people fill up at the expensive stations? Tell us in the comments!
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
