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The price of 87-octanegasoline in California is now over $6 per gallon. This is because of a global energy problem linked to the war in Iran. California has the highest gas prices in the United States. The average national price is about $4.30 per gallon.
In October 2023, gas prices in California were $4.64 per gallon. Now, diesel fuel costs an average of $7.48 per gallon. This is much higher than last year when it was $4.98.
On a national level, gasoline prices stay above $4 for a month, reaching $4.30. Diesel prices are around $5.49 and are still below the highest price of $5.69 from early April.
The price of oil has also gone up. West Texas Intermediate oil is nearly $110.50 per barrel. Brent oil has reached over $126. The rise in oil prices is due to uncertainty about peace talks between the U.S. and Iran.
Experts say gas prices may rise even more soon. Many people may change their buying habits because of these high prices.