"The average price of a gallon of regular gasoline nationwide is $3.16. In some cities, that figure is near $5, which could be a sign of things to come as oil prices rise. U.S. crude stockpiles have increased supply concerns. About two-thirds of the price of a gallon of gas is due to crude prices. The price of gas in San Diego and Los Angeles is about $4.75, which puts them 50% above the national average. The price has hit similar levels in Seattle."
"California has several factors that make its gas prices high. It does not have many refineries set up to refine oil into car gasoline at this point. That means high transportation costs from other parts of the country. The state's gasoline tax is $0.71 per gallon. At the other end of the spectrum, the figure is $0.09 in Alaska. California has legislation to make its gas "cleaner" than the rest of the nation."
Average gasoline is $3.16 per gallon nationwide, with some cities nearing $5 as oil prices rise. U.S. crude stockpiles have raised supply concerns; about two-thirds of a gallon's price comes from crude. San Diego and Los Angeles average about $4.75 per gallon, roughly 50% above the national average; Seattle has similar prices. California's high prices stem from limited in-state refinery capacity, higher transport costs, a $0.71-per-gallon gasoline tax, and cleaner-fuel regulations. The state runs a $2-billion credit trading program that requires progressively cleaner fuels and incentivizes biofuels; the low-carbon standard adds cents per gallon. High gasoline costs help make California among the most expensive states to live in, with some areas nearly 50% above the national cost of living.
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