Gas Soars To $7.59 A Gallon In California Town As Prices Hit Multi-Year Highs Nationwide

Thomas Catenacci October 21, 2021

 

The price of gasoline in a remote California town reached $7.59 per gallon this week as energy costs continue to rise nationwide and show no sign of slowing down.

The town — Gorda, California — is located in a rural part of the state about halfway between Los Angeles and San Francisco and is known for its high gasoline prices due to its distance from other areas with gas pumps, according to ABC 7. The price of premium-grade gasoline, used for cars with engines that require higher octane fuel, in Gorda surged to nearly $8.50 per gallon.

While Gorda’s gasoline prices are often an outlier, the rest of the state and country continue to see higher prices at the pump, according to the Energy Information Administration (EIA). The national average price of regular gasoline reached $3.37 per gallon on Thursday, up nearly 6% from a month ago and up 55% compared to a year ago..........To Read More....