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California gas still most expensive in the nation

(STACKER) — U.S. crude futures fell on Tuesday, March 29, extending losses of nearly 7% on Monday. Fears of a drop in fuel demand after Shanghai’s COVID-19–related lockdown of roughly 26 million people have contributed to falling prices, along with peace talks between Ukraine and Russia.

On Thursday, March 31, members of the Organization of the Petroleum Exporting Countries and allies will meet to discuss a planned production increase of 432,000 barrels per day. The group is expected to modestly increase oil production beginning in May, despite a call for even greater output. The global market will be paying close attention to any positive headlines coming out of the meeting that may signal supply relief, but experts say it is unlikely.

Earlier this month, oil prices plummeted when the United Arab Emirates’ ambassador to Washington said the country, an OPEC member, wanted to increase oil production.
Gas tax holiday bill for drivers killed, turns into new tax on gas suppliers

Stacker compiled statistics on gas prices in California using data from AAA. Gas prices are as of March 29. State gas tax data is from World Population Review. Three states, Connecticut, Georgia, and Maryland, have temporarily suspended gas taxes to help consumers while the cost of gas has increased.

California by the numbers

– Current price: $5.92
– Week change: +$0.05 (+0.9%)
– Year change: +$2.02 (+51.9%)
– Gas tax: $0.53 per gallon (#2 highest among all states)
– Historical expensive gas price: $5.92 (3/29/22)

Metros with most expensive gas in California

#31. Yuba City: $5.62
#30. Hanford-Corcoran: $5.63
#29. Chico-Paradise: $5.63
#28. Modesto: $5.64
#27. Madera-Chowchilla: $5.65
#26. Fresno: $5.67
#25. Yolo: $5.70
#24. Redding: $5.72
#23. Stockton-Lodi: $5.72
#22. Visalia-Tulare-Porterville: $5.73
#21. Merced: $5.73
#20. Sacramento: $5.77
#19. Vallejo-Fairfield: $5.80
#18. Salinas: $5.83
#17. San Jose: $5.86
#16. Santa Cruz-Watsonville: $5.86
#15. Oakland: $5.88
#14. Bakersfield: $5.89
#13. Santa Rosa: $5.92
#12. San Rafael: $5.92
#11. Napa: $5.95
#10. San Francisco: $5.95
#9. Riverside: $5.97
#8. Santa Barbara-Santa Maria-Lompoc: $5.99
#7. El Centro: $5.99
#6. San Bernardino: $5.99
#5. San Diego: $6.02
#4. Orange County: $6.03
#3. Ventura: $6.05
#2. Los Angeles-Long Beach: $6.07
#1. San Luis Obispo-Atascadero-Paso Robles: $6.08

States with the most expensive gas

#1. California: $5.92
#2. Nevada: $5.25
#3. Hawaii: $5.15
Exclusive: California Democrat to propose $500 gas rebate to all taxpayers

States with the least expensive gas

#1. Missouri: $3.79
#2. Kansas: $3.80
#3. Oklahoma: $3.81

States with the highest gas tax per gallon

#1. Pennsylvania: $0.59
#2. California: $0.53
#3. Washington: $0.52

States with the lowest gas tax per gallon

#1. Alaska: $0.0895
#2. Hawaii: $0.16
#3. Virginia: $0.162

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