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Average price of gas in California edges past $6 a gallon, highest level in four years

Average price of gas in California edges past $6 a gallon, highest level in four years

Summary

Gas prices in California have risen to an average of $6.06 per gallon, the highest level in four years. Across the United States, prices reached an average of $4.39 per gallon, driven by global oil market disruptions linked to the US conflict with Iran.

Key Facts

  • California has the highest gas prices in the US, averaging $6.06 a gallon.
  • The national average gas price is $4.39 per gallon.
  • Prices increased by 27 cents nationally in one week after two weeks of decline.
  • The spike in gas prices is related to the US war with Iran affecting global oil supplies.
  • Since March 1, Americans have paid $21.7 billion more for gasoline.
  • Gas prices in the US have risen about 44% since late February.
  • California’s higher prices are due to strict environmental standards, high taxes, and dependence on imported fuel.
  • Many Americans are reducing vacation plans and driving less because of higher gas costs.
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