Gas prices in California, particularly in regions such as the Great Lakes and Midwest, could be substantially influenced by President-elect Trump’s proposed tariffs on oil imports from Canada and other countries.
To see gasoline prices in California drop below $4, there must be stability in oil prices, operational refineries, and steady demand in the market.
Recent oil market conditions have become unstable due to geopolitical factors such as Russia's ongoing war with Ukraine, which has impacted oil prices and supply.
Despite potential price drops in California, overall gas prices are likely to remain significantly higher than the national average due to regional supply and demand factors.
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