Why is gasoline more expensive in California? What country has the cheapest petrol?

The conflict between Russia and Ukraine Still affects energy markets, since prices petroleum In the United States it reached its highest level in nearly 14 years. Last Friday, US crude rose another 7.4%, ending the turbulent week at $115.68 a barrel. This is the highest closing level since September 22, 2008.

With this increase and if the White House Deciding to cut off US consumption of Russian oil, gasoline prices can continue to rise. According to the American Automobile Association (AAA), The average price for a gallon of fuel is $3,922 in the United States, but the average price for a gallon of fuel in California is already over $5.

Why is gasoline more expensive in California?

California imports about 70% of its fuelThis makes it particularly vulnerable to significant market volatility, as is the case with the conflict between Russia and Ukraine.

It may interest you: How much oil does the United States import from Russia?

There is another factor driving this disparity in prices Regional access to oil refineries. For example, gas prices on the Gulf Coast may be lower than on the West Coast because this area has access to more refineries.

On the other hand, Policies and taxes also play a role. For example, California’s high gasoline prices can largely be attributed to higher taxes on the state’s carbon management program and its unique fuel blending requirements.

What country has the cheapest petrol?

According to AAA, as of March 5, The states with the cheapest gasoline are Oklahoma, Arkansas, Missouri, and TexasBecause they have prices under $3.60 per gallon.

According to the AAA update as of March 5, the countries with the most expensive gasoline are: California ($5,179), Hawaii ($4,689), Nevada ($4,408), Oregon ($4,379), Washington ($4,329), Alaska (4,303 USD), Illinois ($4159), New York ($4,136 USD), Pennsylvania ($4,088), Connecticut ($4,079), Capital ($4,073) and Arizona ($4029).