Californians preparing for summer road trips may encounter significant gas price increases in July, due to a state sales tax hike and new low-carbon fuel regulations aimed at reducing carbon output. The excise tax on gas is set to rise to 61.2 cents per gallon, and diesel will also see an increase. While current prices are slightly lower than last year, the combined tax and regulatory changes are predicted to raise gas prices by nearly 70 cents, affecting budget-conscious drivers just in time for summer travel.
Gas prices in California are set to increase in July due to a sales tax hike and stricter refinery regulations, raising prices by nearly 70 cents.
California's gas and diesel excise tax will rise, marking another financial strain on consumers as the state aims for lower-carbon fuels.
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