why are gas prices going up in california

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Hefty taxes

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  • How high are gas prices in California compared to other states?

  • And it鈥檚 no secret that prices in California are well above those in the rest of the country 鈥?the current average price in California, about $4.75 per gallon, is about $1.20 more than Wednesday鈥檚 U.S. average, according to AAA. And prices are expected to go up some more before they go down, the U.S. Energy Information Administration projects.

  • Are gas prices going down?

  • After reaching a record high in mid-June, gas prices have cooled down. Gas prices have continued to decline since reaching an all-time average high of $5.02 in mid-June. Lower prices would help American households battle ongoing inflation.

  • Why are gasoline prices different in each state?

  • The main reason for the price disparity is that there are essentially seven major wholesale gasoline markets in the United States: two in California, another for the Pacific Northwest, and the remaining four spread across the rest of the country.

  • What is California鈥檚 鈥淧remium gas鈥?

  • California鈥檚 premium stems from the state鈥檚 environmental laws and its taxes on motor fuels, as well as the special blend of gasoline required in the warmer months.

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