August 15, 2022

California Reaches New Gas Price Record With $4.682 Per Gallon

California has set the fuel value file for the state for the second day in a row.

On Monday, fuel costs bought to $4.682 per gallon, and in response to the American Vehicle Affiliation, this can be a new file for the state. On Sunday, the worth for normal unleaded gasoline was $4.671. When the worth rose by six-tenths of a cent, it grew to become the all-time file since October 2012, ABC 7 experiences.

The nationwide common fuel value is $3.415 ABC 7 experiences.

“It’s a bit of a supply crunch we have right now, there’s nothing major, until the refineries in Northern California can get back up to full production capacity,” Jeffrey Spring, Company Communications Supervisor of the Vehicle Membership of Southern California, stated, highlighting how heavy rainstorms has shaken the manufacturing capability.

“Drivers are paying $1.50 more per gallon than a year ago,” Doug Shupe, a spokesperson for AAA, informed CNN. “It means the person who has the typical midsize sedan with a 14-gallon size fuel tank, they’re paying $21 more to fill up that tank today than last year.”

“Typically we see prices at the pump fall off after Labor Day because people have completed their summer vacations. Kids are back in school,” Shupe continued. “But this year people are still traveling. There’s still that demand for fuel to get to where people want to go.”



Source