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California Gas Prices Continue to Go Up

by ECT

On Tuesday the average cost for a gallon of gas in Contra Costa County was $6.46—up 19 cents from a week ago. Meanwhile, the state average in California sits at $6.37 while the national average for a gallon of gas surged 30 cents in one week to hit $4.91.

Contra Costa County Average Costs

  • June 7 – $6.46
  • May 31 – $6.27
  • May 23 – $6.14
  • May 16 – $6.06

California average gas prices

RegularMid-GradePremiumDiesel
Current Avg.$6.371$6.548$6.685$6.917
Yesterday Avg.$6.341$6.518$6.659$6.875
Week Ago Avg.$6.165$6.345$6.489$6.652
Month Ago Avg.$5.804$5.998$6.134$6.508
Year Ago Avg.$4.221$4.401$4.528$4.184

California Metro Average Prices (regular/mid/premium)

  • Bakersfield – $6.27 / $6.44 / $6.64
  • Chico/Paradise – $6.20 / $6.37/6.45
  • Fresno – $6.25 / $6.43 / $6.57
  • Los Angeles – $6.39 / $6.57 / $6.69
  • Madera – $6.29 / $6.45 / $6.67
  • Merced – $6.32 / $6.46 / $6.65
    Modesto – $6.25 / $6.45 / $6.59
  • Napa – $6.60 / $6.73 / $6.88
  • Oakland – $6.48 / $6.66 / $6.79
  • Orange County – $6.37 / $6.55 / $6.67
  • Sacramento – $6.39 / $6.57 / $6.72
  • San Diego – $6.29 / $6.46 / $6.60
  • San Francisco – $6.60 / $6.77 / $6.91
  • San Jose – $6.50 / $6.70 / $6.82
  • Stockton /Lodi – $6.31 / $6.50 / $6.64
  • Vallejo – $6.40 / $6.61 / $6.73
  • Yuba – $6.22 / $6.41 / $6.56

Quick Stats

  • The nation’s top 10 largest weekly increases: Michigan (+45 cents), Illinois (+41 cents), Indiana (+41 cents), Wisconsin (+39 cents), Ohio (+38 cents), Nebraska (+37 cents), Kentucky (+36 cents), Colorado (+35 cents), Minnesota (+34 cents) and Texas (+32 cents).
  • The nation’s top 10 most expensive markets: California ($6.34), Nevada ($5.49), Hawaii ($5.47), Oregon ($5.41), Washington ($5.40), Illinois ($5.40), Alaska ($5.37), Washington, D.C. ($5.06) and Michigan ($5.05)

Rising Oil Cost and High Demand for Gas Keep Pump Prices Surging

June 06,2022

WASHINGTON, D.C. — The cost of a barrel of oil is nearing $120, nearly double from last August, as increased oil demand outpaces the tight global supply. Meanwhile, domestic gasoline demand rose last week in the wake of a robust Memorial Day weekend of travel. As a result, the national average for a gallon of gas surged 25 cents in one week to hit $4.86.

“People are still fueling up, despite these high prices,” said Andrew Gross, AAA spokesperson. “At some point, drivers may change their daily driving habits or lifestyle due to these high prices, but we are not there yet.”

According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks decreased by 700,000 bbl to 219 million bbl last week. Meanwhile, gasoline demand grew from 8.8 million b/d to 8.98 million b/d as drivers fueled up for Memorial Day weekend travel. These supply and demand dynamics have contributed to rising pump prices. Coupled with volatile crude oil prices, pump prices will likely remain elevated as long as demand grows and supply remains tight.

Today’s national average for a gallon of gas is $4.86, which is 59 cents more than a month ago, and $1.81 more than a year ago. — Full Story

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