![]() ![]() The state will spend $9.5 billion as part of the tax refund program. One-time payments ranging from $400 to $1,050 will arrive starting Friday. had an average price above $6 Tuesday, though Nevada, Washington, Oregon, Alaska and Hawaii were all above $5.Ĭalifornia 23 million Californians will get gas tax refunds. Still, California gas prices remain significantly above those in other states, and more than $2 higher than the national average, which on Tuesday was $3.92, according to AAA. “Current wholesale price levels, if the trend holds, would seem to indicate that prices should drop by at least a dollar a gallon, although it’s hard to say how long that will take.”Īverage gas prices statewide also dropped by about 4 cents Tuesday, to $6.29 - even as nationwide gas prices inched upward, an outcome of rising demand and higher oil prices after OPEC+ decided to decrease production last week. 20, when the Los Angeles average pump price was $5.46,” Nordhues said in a statement Tuesday. “Los Angeles wholesale gasoline prices are now lower than they were when this price spike first started in earnest on Sept. Prices in Southern California have continued to fall since that record-setting price last week, and Nordhues said she is “pretty optimistic” the region will see continued decreases. Los Angeles-area gas prices are down almost 14 cents from the region’s all-time high last week, when the average price for a gallon of regular gas spiked to $6.49 on Oct.
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