When will there be relief on California gas prices?
Lawmakers ask about efforts to lower California gas prices, as the summer fuel blend kicks in and a gas tax increase is on the way.
Why do gas prices keep rising in California?
Gas prices in California are 55 cents per gallon higher than they were this time a year ago. The state’s gas industry watchdog hasn’t uncovered any evidence that refineries have been price gouging, but they have identified some factors in recent price spikes.
California gas prices fell from last week: See how much here
The average fuel price in state has fallen about 3 cents since last month. According to the EIA, gas prices across the state in the last year have been as low as $4.22 on Jan. 2, 2023, and as high as $5.90 on Oct. 2, 2023. A year ago, the average gas price in California was 10% lower at $4.64 per gallon.
California’s oil watchdog calls out industry for high gas prices; refiners push back
In California, the international price of oil is more important than the price of domestically produced crude — known as West Texas Intermediate — because the Golden State relies on overseas fuels. In 2023, 61 percent of oil supply sources to the state’s refineries came from foreign imports, according to the energy commission.
California Gas Prices, Highest in Over Two Decades
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Possible gas price gouging penalty in California faces uncertain future
Lawmakers hold hearing on gas price gouging in California
An oversight hearing on gas price gouging took place at the Capitol on Tuesday. Ashley Zavala reports. Yahoo Sports
California Energy Commission meets to hold oil industry accountable as gas prices remain high
An Arizona State Representative voiced concerns on price gouging legislation, claiming it'll continue to drive up the cost.
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