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Gas prices rise on July 1: What California drivers need to know
Beginning Tuesday, California drivers will pay almost 2 cents more per gallon at gas stations across the state. The price of gas will increase from 59.6 cents to 61.2 cents as part of an annual adjustment for inflation. The gas tax, enacted in 2017, helps pay for road repairs.
As an increase in the excise gas tax takes effect comes a separate change related to California’s Low Carbon Fuel Standard.
The state is speeding up its timeline to cut the carbon intensity of fuels, which could increase gasoline prices by between 6 and 15 cents per gallon. California’s updated low-carbon fuel ...
California’s energy market regulator is backing off a plan to place a profit cap on oil refiners in the state.
And California’s gasoline prices are already the highest in the nation—even surpassing Hawaii’s.
First, the state’s excise tax rate will increase from 59.6 cents to 61.2 cents per gallon. That happens July 1 with the penny ...
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