U.S Gas Prices Are Coming Back Down, but Not in California

March 2022

The New York Times California Today

Severin Borenstein, Faculty Director, shares with The New York Times California Today the reason for high gas prices soaring in California.

“As you undoubtedly know, gas prices in California have long been higher than elsewhere in the nation — about $1.20 more per gallon compared with the rest of the nation last year, said Severin Borenstein, a University of California, Berkeley, economist who studies fuel prices…Borenstein said that California’s persistent high prices appeared to be linked to a disruption in the state’s gasoline supply chain.”

Read more on gas prices still high in California in The Mercury News, La Jolla Light, and the Marin Independent Journal

Photo: nytimes.com