Gas prices in California have risen to $5.26 per gallon, an increase of nearly $0.40 in the past month, and could be further impacted by Tropical Storm Hilary, potentially causing refinery shutdowns and further price increases.
Gas prices in the US are at historically high levels for Labor Day weekend due to factors including OPEC supply cuts and extreme heat affecting refineries, with the national average for regular gas at $3.83 per gallon, just shy of the record set in 2012 at $3.84 per gallon.
The average retail price of regular gasoline in the United States has increased by 6% over the past five weeks, reaching $3.81 per gallon heading into the Labor Day weekend, due to factors such as oil production cuts, low gasoline inventories, and refinery maintenance.
Gas prices in the United States have been increasing due to OPEC's reduction in drilling, and California has the highest gas prices in the country due to high state taxes and limited competition in the gasoline market.
Gas prices in Los Angeles County have climbed rapidly, with the average price per gallon increasing by nearly 20 cents in just 48 hours due to ongoing refinery issues and unexpected outages.
Gas prices in the United States have risen, exceeding the highs of last year, with California having the highest prices due to high state taxes and issues at refineries, as well as a less competitive gasoline market caused by certain refineries controlling a large portion of the market.
Some gas stations in Southern California are charging nearly $7 per gallon for regular gasoline, the highest in the nation, due to refinery outages and maintenance.
Gas prices in the North Bay have spiked by 26 cents overnight, reaching an average of $6.07 in San Rafael, due to rising oil costs and maintenance issues at California refineries.
California Governor Gavin Newsom has instructed regulators to expedite the delivery of cheaper winter-blended gasoline in an effort to combat the recent surge in gas prices, with analysts expecting a decline within days.
Gas prices in the Los Angeles area have risen, prompting state officials to take action by authorizing the early rollout of winter-blend gasoline to increase fuel supply and alleviate the burden on consumers.
Gas prices in California, particularly in Los Angeles County, have reached an all-time high, leading inspectors to check local gas stations for price gouging. The state average is $6.07, $2.24 higher than the rest of the country, with LA County prices at $6.31, causing inspectors to ensure that customers are receiving the correct amount of fuel for their payment.
The average price of gasoline in Los Angeles County experienced its largest decrease since October 2022, dropping 6.2 cents to $6.083, marking the seventh consecutive day of decreasing prices following a run of price increases.
The average price of regular unleaded gas in California has dropped to $5.83 per gallon, down from $6.08 a week ago, due to lower demand and wholesale price drops, but it is still significantly higher than the national average of $3.72.
