Gas prices spike in SoCal, could jump even higher

LOS ANGELES (KABC) -- Gas prices continue to spike over the weekend, with the average price topping $4 per gallon in most areas of the Southland.

Prices are expected to increase between 15 and 30 cents by next week. The spike is the result of fuel supply problems, according to experts at GasBuddy.com.

Some are blaming the high prices on a low inventory in the West Coast due to the ExxonMobile refinery explosion in the spring. But many experts admit they don't have a strong explanation for the rapid price jump.

But gas prices are still significantly lower than it was a year ago by $0.52 cents.

City News Service contributed to this report.