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California Gas Prices Edge Down After 13 Weeks of Increases as New Risks Build

The brief drop masks risks from Hormuz shipping threats alongside California’s tight, high‑cost fuel system.

Overview

  • California’s statewide average fell to $5.73 for regular gasoline, the first decline in 13 weeks, according to the U.S. Energy Information Administration.
  • Los Angeles County prices averaged about $5.985 per gallon after six straight daily declines, extending a modest easing in local pump costs.
  • GasBuddy’s Patrick De Haan warned the pullback may reverse as threats to shipping in the Strait of Hormuz raise the chance of new supply disruptions.
  • California drivers still pay far more than the U.S. average of about $4.12 because of high state taxes, a carbon program that adds costs, and a special low‑emission fuel blend that only limited refineries can make.
  • Two major refinery closures over the past year erased roughly 20% of in‑state capacity, and a Newsom‑ordered review found no evidence of price gouging, pointing attention to structural limits on supply.