CA gas prices drop as diesel hits new high. ‘Upward swings’ possible, experts say
Gas prices have decreased nationwide due to state tax breaks and seasonal changes in fuel production. California gas prices have dropped but remain near seasonal highs, with the average price of regular gasoline in California within a few cents of the state’s record. Meanwhile, diesel prices have reached a new all-time peak, reaching $8.51 per gallon. This is due to state fuel tax suspensions and seasonal changes in fuel production. However, fuel experts warned that relief could be limited due to high crude oil prices. The transition to winter-blend gasoline, which is generally cheaper to produce than summer-blends, could also help ease prices. California's record average price for regular gasoline is about $6.44 per gallon, set in June 2022. However prices have not yet surpassed that record.
Publicerad : 19 timmar sedan förbi Angela Rodriguez i Finance
California gas prices recently dropped but still remain near seasonal highs.
Meanwhile, diesel prices have climbed to a new all-time peak.
In early October, the average price of regular gasoline in ... [4272 symbols]
Ämnen: Oil & Gas, Energy Sector, Oil Sector
