Why are Californians paying nearly 70% more for gasoline than the rest of us?
California has pretty much always paid much more than the nation for gasoline at the pump, in part due to higher taxes and a more expensive blend of fuel, but an average price that’s nearly 70% more than most everyone else in the U.S. is a bit extreme.
The Golden State pays more than double the $3.024 average price for the state of Mississippi, GasBuddy data show. California’s average price also isn’t far from its record high of $6.429 from June 14 of this year. On Friday, California Gov. Gavin Newsom directed the California Air Resources Board to increase the state’s gasoline supply and lower fuel prices by allowing oil refiners to make an early switch to winter-blend gasoline.
Kloza said he believes the “worst is over for California wholesale prices, and that might filter to retail prices in a few days.”
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