Saturday, March 29, 2014

Average gasoline price in California hits nearly $4 a gallon

Of course, the poor feel this more than others.

A gallon of regular gasoline Thursday cost an average of $3.99 in the Golden State, the highest since September 2013, according to the AAA Daily Fuel Gauge report. In Los Angeles, gas stations are charging an average of $4.06 a gallon.

Prices typically start creeping north in spring as refineries begin producing a more expensive blend of summer gasoline, which takes longer to make and requires pricier additives as a pollution-fighting measure. As refineries look to offload their winter fuels, the supply of gas around the country is squeezed temporarily.

The switch often hits Californians earlier than residents in other parts of the country because of the state's strict standards for cleaner-burning fuel.

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