State’s New Oil Watchdog Questions Price Spike As Gas Crosses Over $6 in San Diego – September 2023
Severin Borenstein, Energy Institute Faculty Director, shares his perspective with The San Diego Union Tribune regarding the recent surge in gas prices in San Diego.
“Borenstein’s data show a ‘mystery surcharge’ that has hovered around 35 cents per gallon for the past eight years. Over that time, that differential has been passed onto drivers in California to the tune of $50 billion, by Borenstein’s estimation.”
Read more about gas price spikes on Politico