California Gas Prices Over $6 Amid Record Holiday Travel
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Gasoline prices in California are over $6 a gallon, significantly above the national average of $4.55, a four-year high. A record 45 million Americans are estimated to travel this weekend, with some Californians advised to seek cheaper unbranded stations.
Facts First
- California gasoline prices exceed $6 a gallon
- National average price is $4.55, a four-year high
- Record 45 million Americans estimated to travel for upcoming holiday
- Governor's office advises Californians to avoid Chevron for cheaper gas
- Americans have logged more miles since the start of the war in Iran
What Happened
Gasoline prices in California are over $6 a gallon, while the national average is $4.55, according to AAA. This national average is a four-year high. AAA estimates a record 45 million Americans will travel during the upcoming weekend. The Governor Newsom Press Office advised Californians to avoid Chevron and use unbranded stations for cheaper gas. Chevron has posted placards at its California gas stations attributing high prices to state policies.
Why this Matters to You
If you are driving this holiday weekend, you may face higher fuel costs, particularly in California. You could save money by using unbranded gas stations. For longer-term savings, switching to an electric vehicle (EV) might reduce your annual fuel costs; an average driver doing 15,000 miles a year could save $1,800 a year, while a driver doing 25,000 miles a year could save an average of $3,000 a year. The cost of charging an EV varies by location; in North Dakota it is comparable to less than $1 a gallon of gasoline, while in California it is comparable to $2.70 a gallon. You might also consider alternatives like e-bikes for short trips.
What's Next
Travel volumes are likely to remain high as Americans have been logging more miles since the start of the war in Iran. The market for electric vehicles may continue to evolve; used-EV sales accelerated in March according to one report, and strong prices for used EVs were reported at wholesale auction. The federal consumer tax credit for electric vehicles ended last fall, which could influence future purchasing decisions. Public transit ridership was steady for most of March, suggesting it remains an option.