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California Gas Prices Surge to All-Time Highs

The price of gasoline has reached record highs in California. The state become in American history to charge averages of over $5 a gallon for the essential fuel with Los Angeles and San Francisco eclipsing that mark earlier this week. Residents of several California cities are facing even worse pain at the pump, as gas prices at some fueling stations have eclipsed $6 a gallon, and analysts warn the situation will soon be replicated nationwide.

According to AAA, gas prices in California now average $5.07 statewide. Drivers in the San Francisco and Los Angeles metro areas are faring even worse than those in other corners of the state, with gas in San Francisco averaging a whopping $5.21 a gallon. In Los Angeles, a gallon of gas is averaging $5.15.

Some Californians have even reported stations charging upwards of $6 for just one gallon of gas, and the price hikes don’t seem to be stopping anytime soon. Some market analysts are warning the situation will get even worse in California and eventually begin to replicate nationwide…

 

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