U.S. Gas Prices Surge Amid Global Tensions and Domestic Policy Challenges
As the national average price for gas hits $3.60, California faces even steeper increases, with prices averaging over $5 per gallon.
- National average gas price reaches $3.60, a six-month high, influenced by international conflicts and oil market dynamics.
- California's average gas price exceeds $5, driven by state-specific factors and stringent environmental regulations.
- Rising oil prices, refinery maintenance, and geopolitical tensions contribute to the uptick in gas prices.
- Experts predict further increases, with potential spikes to $5 per gallon nationally amid ongoing global instability.
- California's anti-growth policies and reliance on imported energy exacerbate local price surges.