California scrambles to find solutions for rising gas prices as departing refineries could cut supply by 20%

AOL

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Summary

Additionally, the report stated that California retail gas prices are routinely 40% to 50% higher than the national average. State regulatory fees and taxes add a significant amount to the price of gas per gallon. Even without the closures of the two refineries, the report estimates the price could potentially increase by $1.18 per gallon.

Source: AOL

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