California has implemented a new gas tax, raising rates from $0.596 to $0.612 per gallon. Republican lawmakers have warned of potential price surges, predicting gas could reach $8 per gallon. Experts, however, dismiss these claims as unfounded. Currently, gas prices have been decreasing, with California’s average at $4.58 per gallon, down from previous weeks. Bay Area prices vary, with Napa County reporting the highest costs. Factors affecting gas prices include oil costs and refinery operations, not solely the state tax.
The California gas tax has increased from $0.596 to $0.612 per gallon, but experts indicate that this small hike will not lead to a significant increase in gas prices.
Despite concerns expressed by some lawmakers, analysts like Patrick De Haan from GasBuddy emphasize that there is no immediate risk of gas prices jumping to $8 per gallon.
The current average gas price in California is $4.58 per gallon, a decrease from the previous week and month, indicating a downward trend.
Gas prices in the Bay Area vary, with Napa County being the highest at $4.89 per gallon, while Mono County is the most expensive in the state at $5.82.
Collection
[
|
...
]