Golden State Gas Prices Shoot Up

Golden State Gas Prices Shoot Up

Even though California doesn’t depend on the Gulf Coast to supply our gasoline, drivers in the Golden State are paying the highest gas prices in the U.S. this month in the aftermath of Hurricane Harvey.  The storm, which temporarily shut down 25 percent of U.S. refining capacity as it flooded Houston, drove the national average price of gasoline up nearly 35 cents.  In California, prices jumped by double-digits across the state with Northern Californians paying about 18 cents more at the pump since AAA’s last survey on Aug. 9.   California’s average price for a gallon of regular unleaded was $3.16 on Tuesday, the highest in the state since 2015.   In Amador County drivers are paying an average of $2.98 a gallon and in Calaveras County drivers are paying $3.10 on average for a gallon of regular unleaded.  But there’s good news on the horizon: Prices held steady over the last five days, stabilizing as Houston refineries returned to production.   AAA reminds us that gas prices historically fall after Labor Day, so drivers should expect to pay lower prices unless there’s another disruption in the oil market.

 

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