Gas Prices Falling Nationally and in California Due to Lower Demand and Cheaper Blends
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Gas prices are falling nationally and in California due to lower demand and cheaper winter blends.
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California gas is pricier than other states due to high taxes, special blends, and reliance on limited local supply.
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Prices could fall up to 45 cents nationally and more in California if Middle East violence does not spread.
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Israel and Palestinian territories are not major oil producers so conflict has little effect on prices.
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Over 20% of global oil flows through the Strait of Hormuz, so further Middle East instability could impact prices.
![](https://www.usatoday.com/gcdn/presto/2023/06/29/USAT/6f93082f-286a-4e24-9b79-cf66bece32d1-IMG_0332.jpg?crop=4031,2267,x0,y471&width=1600&height=800&format=pjpg&auto=webp)