BAKERSFIELD, CA - If you had to fill up your gas tank recently, you've probably noticed the price at the pump is on the rise.
Gasoline now costs an average of $3.85 for regular unleaded here in Bakersfield, 11 cents more per gallon than we were paying this time last year. Premium grade now tops four dollars per gallon. Analysts say there are several reasons behind the sharp increases, including the rising price of crude oil and maintenance work at California refineries.
But there are some encouraging signs if you're hoping for prices to go back down. The state's gasoline supplies are 13 percent higher than they were at this time last year.