California Gasoline Prices Reach $6 Per Gallon, Highest in the US
California's average gasoline price reached $6.01 per gallon, the highest in the US, driven by taxes, limited refining capacity, and imports. The national average rose to $4.30 per gallon, the highest since July 2022, amid rising oil prices due to the Middle East conflict. Higher fuel costs are increasing consumer spending and raising concerns about inflation.
Topics: California gasoline prices inflation Middle East conflict oil prices