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Compare the current average gas price in California at $4.49, to lower-taxed southern states like Texas at $2.75, Oklahoma at $2.66 and Louisiana at $2.78. But Borenstein has another theory for ...
California is ringing in 2024 with a gallon of regular gas priced almost 30 cents higher than it was this time last year. From California’s statewide average of $5.89 per gallon in September ...
Gas prices peaked in June 2022 at $5.058 nationally, so relatively speaking, that $3.601 looks pretty good. But still, it's higher than it was earlier this year, when gas was as low as $3.221 in ...
Gas prices by year. Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 ...
A combination of market forces, the "mystery gas surcharge" and more. Culprits? Why California gas prices are so high and vary so widely: 'Mystery surcharge' and more
The first federal gasoline tax in the United States was created on June 6, 1932, with the enactment of the Revenue Act of 1932, which taxed 1¢/gal (0.3¢/L). Since 1993, the US federal gasoline tax has been unchanged (and not adjusted for inflation of nearly 113 percent through 2023) at 18.4¢/gal (4.86¢/L).
CARB’s own estimate from last year, first reported by The Sacramento Bee, suggested that the changes could increase gas prices by $0.47 per gallon next year and $0.52 by 2026. Diesel prices ...
California gasoline prices tend to be much higher than the national average — $3.27 for a gallon of regular Wednesday — partly because of its gasoline taxes, which are among the nation’s ...