Gasoline prices have recently decreased, mainly due to a fall in crude oil costs, with the national average price now at $3.09—down from $3.39 the previous year. This change follows a spike last year when crude prices surpassed $80 a barrel; currently, they stand at $67. California leads the nation with the highest gas prices at $4.64 per gallon, accompanied by the highest gas tax of $0.8655 per gallon, highlighting the regional disparities influenced by state regulations and refinery capacity.
Gasoline prices have seen a decline, particularly influenced by the drop in crude oil prices, with the current average for regular gasoline at $3.09 per gallon.
The decrease in gasoline prices comes after spikes in May and December when crude oil reached over $80 a barrel, emphasizing market volatility.
California stands out with the highest gas price and tax in the nation, highlighting the impact of state regulations and local refinery capacities on gas costs.
AAA's latest report underlines that while the national average price has dropped significantly from last year, regional differences in prices remain stark due to taxes and supply conditions.
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