California Today

California's Limited Options to Lower Gas Prices

07 May 2026 11:15

California's gas prices exceed $6 per gallon, driven largely by global crude oil costs from the Middle East conflict. The state has only six weeks of supply.

Experts suggest a variable gas tax but lawmakers hesitate due to revenue concerns. The mystery gasoline surcharge since 2015 remains unexplained.

The hearing underscored limited state control over the crisis.

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