As oil prices spring up and down, but mostly up, and The Colonial Pipeline spur that supplies the southeast broke, sending gas prices up, the price to fill a car in California has at the same time moved near $3.
The city with the highest priced gas based on a gallon of regular in California, is San Francisco, at $2.90 according to GasBuddy. The prices in LA is the same, as is the case in Santa Barbara. The price in Orange Country, Ventura, and San Diego is $2.88. There are only 10 cities in the U.S. where the average price is over $2.80. All are in California. The average for the state is $2.80, second only to Hawaii which is $2.90
Among the reasons for high gas prices in California is its taxes and levies. These total $.5659, which puts that state in the No.7 spot in the U.S. The national average is $.4886 according to The American Petroleum Institute.
There will probably be no relief for California drivers. According to The Sacramento Bee:
In an unusual development, local and statewide gas prices spent much of the summer steadily decreasing. Fall typically brings more decreases, but AAA noted that some in-state refinery disruptions and OPEC’s recent announcement to curtail production have put upward pressure on at-the-pump costs.
A long winter for people who drive a lot.
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
