Gas Prices Rise After Predicted Decrease

Once again, gas prices are on the rise. And this is coming just nine days after Marketwatch predicted a continued decrease in prices.

In Scotts Valley, the most expensive gas can be found at Mt. Hermon Road's 76 and Shell stations. On Friday, both had regular gas prices at $4.67 a gallon. Just 36 hours ago, Shell had the same gas for $4.63, and 76 had it for $4.49 a gallon, acording to Gasbuddy.com.

The biggest jump in price was 76, which went up 18 cents in the past day and a half. Quick Stop on Scotts Valley Drive and Scott Valley Gas and Market on Mt. Hermon Road both had significant increases too, with each going up 16 cents in just 36 hours.

Across California, residents awoke to find that gas prices had increased significantly overnight even by as much as 20 cents in Ventura. The price in Scotts Valley is higher than the Bay Area average of $4.52, according to AAA.

The sharp rise has been attributed to decrease supply coming out of California's refineries, including the Chevron refinery in Richmond.

If you plan to shop around for gas, here's Patch's handy gas guide.

How will you cope with the increase in prices? Will you drive less? Will you use alternate modes, like a bike? Will you carpool to work?