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Home » California Gas Prices Shift Downward Thanks To Lower Cost Of Oil

California Gas Prices Shift Downward Thanks To Lower Cost Of Oil

by CLAYCORD.com
13 comments

Californians are experiencing an average gas price of $4.66, a $.13 cent decrease from last week. Thanks in part to lower oil prices, the national average for a gallon of gas dropped five cents from last week to $3.07, which is $.31 lower than this time last year.

Drivers could see fluctuations at the pump due to markets and retailers reacting to the news of tariffs, and the higher cost of producing summer-grade gasoline.

According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.45 b/d last week to 8.87. Total domestic gasoline supply decreased from 248.3 million barrels to 246.8. Gasoline production increased last week, averaging 9.6 million barrels per day.

Fuel Prices Around the State:

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Contra Costa: $4.82
San Francisco: $4.91
Oakland: $4.89
San Jose: $4.80
Sacramento: $4.84
Fresno: $4.75
Stockton: $4.62

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Yay 😀! Gas price is down. Egg price is also down. And best of all, the stock market is down so the stocks are affordable due to kind hearted economy crash. Thank you president trump!

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It is inevitable that the economy will crash. The standard of living in this country has been unreal, about 3 times it should be. I see some here don’t like the idea but I have to write that off that they don’t understand economics very well. It just couldn’t keep going the way it was.

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You forgot to thank Joe Biden, the one responsible for astronomically high gas prices.

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Best time to buy stocks. See how that works?

Democrat supporters will say this is a result of Biden’s infrastructure bill and other things he did.. Republican supports will say this is a result of Trump’s influence. Media outlets supporting either side will start talking points about how their side lowered the prices. Always a circus, always expected. Next up, Crime statistics, food prices, job numbers…..

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California is still paying a lot more for gas than anywhere else in the country due to having special requirements for their gasoline as well as all the fees and taxes imposed by the state.

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.. and don’t forget Newscum had a campaign promise to rein in big oil and bring CA gas prices in line with the rest of the country and get under the artificial price structure of the gouging of residents. Did he? Noooooooo What happened? he beat a recall and got re-elected – guess the voters didn’t mind high gas prices.

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I guess alot of voters didn’t learn to speak and read English either.

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It was $3.67 before Trump took office.

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but your bicycle/backpack doesnt need gas.

$2.59/gal in Middle Tennessee…Just sayin

I’ve been tracking the price of gas.. there was a 10% increase in the cost from January to February, and a 4% reduction in March. California, unfortunately is gouged and pays the highest price for gas in the nation. It’s less expensive to buy gas in Hawaii. Oddly the refineries are practically in our backyard.

The biggest gouger in the state is the state.

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