Gas prices in California hit a new average record of $6.02 a gallon, and they’re set to go even higher on July 1st when California’s gas tax increases again.
Average price of a gallon of self-serve regular gasoline in California compared to the national average. rising pump prices
are the result of the high cost of oil, according to Andrew Gross, an AAA national public relations manager. The price of a barrel of July Brent crude on ICE Futures Europe rose for the third time in four sessions, increasing $2.69 to settle at $114.24.Crude oil costs account for slightly more than half of the pump price, according to the U.S. Energy Information Administration.
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