Gasoline Nearing $4/Gallon in California

How Much is a Gallon of Gas in California?



According to the Independent Statistics + Analysis Division of the U.S. Energy Information Administration, the average price of a gallon of gasoline in California is very close to breaking the $4/gallon mark.

As of March 21st, the average price of a gallon of gasoline in California was $3.966. This is up over 50 cents per gallon from February 14th. The unrest in North Africa and the Middle East has resulted in a spike in oil prices, which has in turn translated into higher gasoline prices.

Gas hose illustrationThe cost of a gallon of gasoline in California is roughly 40 cents higher than the national average of $3.562. The average cost of a gallon of gasoline in the United States has increased by over 42 cents from February 14th until March 21st.

California is still roughly 60 cents/gallon away from the all-time highs that were set in the summer of 2008 ($4.588, week of June 16th), but you have to figure that we'll cruise past those levels during the upcoming summer months. In the final weeks of Mar/2008, a gallon of gas in California cost roughly $3.60/gallon. We are currently well ahead of those levels.

As of March 21st, a gallon of gasoline cost $3.993 in Los Angeles and $3.98 in San Francisco.

Source: EIA.gov - Weekly Retail Gasoline and Diesel Prices