California Facing $8.43/gallon Gas a 75% Increase as Refineries Close

Source: https://californiaglobe.com/articles/california-facing-8-43-gallon-gas-a-75-increase-as-refineries-close/
Published: Jun 1, 2025
Author: Horse
Post Date: 2025-06-01 13:39:19 by Horse
Views: 805

“California can ill afford the loss of one refinery, let alone two,” says USC Professor Michael Mische in a new report warning of an impending gas crisis this summer.

“In 1982, California satisfied 62% of its petroleum needs from in-state oil producers,” says Professor Mische. “Since 1990, California’s imports of petroleum from non-U.S. producers have increased by a staggering 713%. While California was becoming more dependent on foreign sources, the overall U.S. became less dependent.”

In March, the Globe reported on a study also by Professor Mische which found that the factors contributing to California’s high gasoline prices over 50-years are self-imposed by state officials and politicians. It turns out that California is its own worst enemy.

In April we reported that California’s average price for a gallon of gas was $4.918, while the national average cost for a gallon of gas was $3.260. In Texas that same gallon gas cost $2.87.

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#1: Horse    To: All (#0)

Horse posted on 2025-06-01 13:50:44   Reply   Private Reply


#2: Horse    To: All (#1)

Horse posted on 2025-06-01 13:59:21   Reply   Private Reply


#3: BTP Holdings    To: Horse (#0)

Title: California Facing $8.43/gallon Gas a 75% Increase as Refineries Close

AAA say gasoline in California is $4.77/gal.

But I figure that is state wide average. From what I was told northern California is a lot higher. ;);)

BTP Holdings posted on 2025-06-01 18:43:30   Reply   Private Reply