California gas prices rise $0.23 to $5.27 per gallon, surpassing the national average by $1.73, due to refinery issues and maintenance.
California gas prices surge by $0.23 to $5.27 per gallon, outpacing national average by $1.73. Refinery issues, including a halted Phillips 66 refinery in the Bay Area and maintenance at two critical refineries in May, contribute to high wholesale prices. Tom Kloza, global head of energy analysis at OPIS, attributes the situation to refinery challenges and global market speculation.
April 06, 2024
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