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    News Summary: Price hike liable post refinery fire

    By The Associated Press | Associated Press – Fri, Aug 10, 2012

    FIRE SALE: Experts see West Coast gas prices rise above $4 a gallon after a fire knocked out a key section of one of the nation's largest oil refineries.

    PRICES MOVING: The average price of regular gasoline jumped in California from $3.86 a gallon on Tuesday to $3.94 on Thursday, according to the website GasBuddy.com. The disruption in production to last for weeks.

    BIG PRODUCER: The Richmond refinery, where a fire broke out Monday, produces 16 percent of the region's daily gasoline supply. The fire knocked out a unit that makes a specialized blend of cleaner burning gasoline that satisfies air quality laws in California, Oregon and Washington.

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