Gas Prices to Rise in California

    A man pumps gas at a Chevron gas station in San Francisco, Tuesday, Aug. 7, 2012. A major fire at one of the country's biggest oil refineries  will help trigger a rise in oil and gas prices in California and elsewhere on the West Coast, analysts say. The fire, which sent plumes of black smoke over the San Francisco Bay area and scores of people to hospitals with breathing problems, erupted Monday evening in the massive Chevron refinery in this city about 10 miles northeast of San Francisco. Pump prices in California and elsewhere on the West Coast will head up, and will soon average more than $4 per gallon, says Tom Kloza, chief oil analyst at Oil Price Information Service. (AP Photo/Jeff Chiu)

    Jeff Chiu / AP Photo

    After a fire struck one of the nation's biggest oil refineries on Monday, analysts say that the real burn will be felt in our wallets. The average price of gas in California has already risen 8 cents, and experts say that the disruption could last weeks and boost prices above $4 a gallon on the West Coast, and potentially elsewhere. Chevron's facility in Richmond, CA, which caught fire on Monday night, produces 16 percent of the region's gas. The fire also claimed a facility that produces the cleaner-burning gasoline mandated by West Coast air quality laws.

    Read it at Associated Press