California Gas Prices Surge Past $6 Per Gallon
California's gasoline prices have crossed the $6 per gallon threshold, prompting Governor Gavin Newsom to publicly criticize federal policy decisions. Newsom attributes the sharp increase to what he calls an "Iran war tax," linking elevated fuel costs directly to geopolitical tensions and military actions in the Middle East.
The price surge reflects broader energy market dynamics where crude oil prices respond to regional instability. When tensions escalate in major oil-producing regions like Iran, global supply concerns emerge, pushing petroleum costs higher. California, already facing the nation's highest gas prices due to strict environmental regulations and limited refinery capacity, becomes particularly vulnerable to international crude price fluctuations.
MA
Monday, May 4, 2026 at 8:40 AM
0
0
1
3