Archive for February 1st, 2018

Bloomberg: California Could See the Return of $4 Gasoline by May

By Milana Vinn
January 31, 2018, 12:12 PM PST

  • Price at the pump rose to $3.30, the highest since 2015
  • Increase in state’s gasoline taxes adds pressure on consumers

Motorists in California, the state with the most expensive gasoline, could see pump prices that begin with a 4 again as oil markets rally.

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By Adam Ashton
February 01, 2018 – 12:01 AM

California’s swelling budget reserves are approaching a point where the state by law can’t save any more money ‑ but don’t expect a tax rebate.

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