12/26/2024

Sky-High California Gas Prices Have a Green Additive

For most American families, the ritual summertime road trip is a lot cheaper this year thanks to plunging gas prices, propelled in part by the U.S. shale-oil boom. The average gas price nationally has dropped by nearly 25% to $2.76 a gallon over the past 12 months.

California is another story. While gasoline in the Golden State is averaging $3.88 a gallon, the average price in the Los Angeles market shot up 65 cents this week to…

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