Paying $4.79 a Gallon, California Didn’t Get the Cheap Gas Memo

(Bloomberg) — At least there’s this: The average price for a gallon of gasoline in the U.S. has fallen below $2 for the first time in four years.That’s average — which California is not. As crude oil prices have tanked, depressed by the coronavirus pandemic and the market-share war between Saudi Arabia and Russia, at least a dozen service stations in the Golden State were charging more than $4 as of Monday, according to the tracker GasBuddy. One unnamed location in Santa Clara, near the heart of Silicon Valley, was demanding the most that GasBuddy’s research found in the state: …read more

Source:: Yahoo Finance

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