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PRESS RELEASE / ANNOUNCEMENTS Monday, February 27, 2012

The Price of Gas in Santa Barbara

Weekly Gas Price Update and Outlook

Average retail gasoline prices in Santa Barbara have risen 21.3 cents per gallon in the past week, averaging $4.33/g yesterday. This compares with the national average that has increased 11.3 cents per gallon in the last week to $3.64/g, according to gasoline price website SantaBarbaraGasPrices.com.


Including the change in gas prices in Santa Barbara during the past week, prices yesterday were 52.1 cents per gallon higher than the same day one year ago and are 53.7 cents per gallon higher than a month ago. The national average has increased 26.6 cents per gallon during the last month and stands 29.8 cents per gallon higher than this day one year ago.

2012 is looking increasingly like 2008,” said Gregg Laskoski, Senior Petroleum Analyst for GasBuddy.com. “Gasoline prices are climbing aggressively as speculation drives crude oil higher; and once again, it’s an election year. But this time its the volatility in the Middle East that has everyone wondering ‘How high is up?’,” he added.

About SantaBarbaraGasPrices.com

GasBuddy operates SantaBarbaraGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 20 million times to help motorists find gasoline prices in their area.

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