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Gas prices are only getting higher as the US-Israel war with Iran drags on.
Mono County, California currently has the highest average gas price in the United States.
KEY POINTS
- California's unique carbon tax and cleaner-burning fuel regulations add up to 50 cents per gallon.
- Recent and upcoming refinery closures will leave California with only six refineries for 28 million drivers.
- New regulations could add $5 to $9 billion in annual costs to California refineries, risking further closures.
- Rural gas stations face higher delivery costs and low sales volumes, making profitability increasingly difficult.
COMPANIES
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