UC Berkeley economist explains 'mystery gas surcharge,' why CA pays more than any other state

Norge Nyheter Nyheter

UC Berkeley economist explains 'mystery gas surcharge,' why CA pays more than any other state
Norge Siste Nytt,Norge Overskrifter
  • 📰 abc7newsbayarea
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Borenstein says oil companies and retailers started the 'mystery gas surcharge' seven years ago after a fire and explosion at a SoCal refinery. Since then, he says oil companies have charged CA drivers an extra $40 billion compared to the rest of U.S.

It just keeps getting worse...a gas station in Mendocino is now charging nearly $10 a gallon. According to GasBuddy, it's the most expensive gas in the country.

"Marketers can charge whatever they want for gasoline. It's based on consumers. Consumers will pick the gas station they want to go to.

"We need to be willing to shop around because not only do you get a better price, you put more pressure on those expensive stations which are usually the big brands to lower their prices," said Borenstein. The professor tells us, that despite some companies' claims that their special additives improve your car's performance, virtually all gas is the same. So, shop at independent stations that charge less, and THAT should drive down the price of all gasoline more quickly.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

abc7newsbayarea /  🏆 529. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Americans Explain Why They Prefer Gas Over Electric CarsAmericans Explain Why They Prefer Gas Over Electric Cars“If I have to use my car to go about my awful life every day, I can at least take the rest of the planet down with me.” — Mitch Gilly (Foreman)
Les mer »

California Colleges to Provide Abortion Pill in JanuaryCalifornia Colleges to Provide Abortion Pill in JanuarySenate Bill 24 passed in 2019 allows for UC and Cal States to provide abortion pills starting Jan. 1.
Les mer »

US Postal Service to make 40% of its delivery trucks electricUS Postal Service to make 40% of its delivery trucks electricOfficials with the agency said at least 40% of its new fleet would be electric, an increase from the 10% it originally planned.
Les mer »

US Postal Service to make 40% of its delivery trucks electricUS Postal Service to make 40% of its delivery trucks electricOfficials with the agency said at least 40% of its new fleet would be electric, an increase from the 10% it originally planned.
Les mer »

Could the EU break up over energy shortages?Could the EU break up over energy shortages?EU leaders have been rushing to lock down arrangements to replace Russian gas - but analysts warn that a disjointed response could see gas simply redirected from one European country to another
Les mer »



Render Time: 2025-04-17 07:50:04