The California tax is used to fund roads and other infrastructure projects; the state's Legislative Analyst's Office projected the tax will generate about $8.8 billion in revenue during the 2021-22 fiscal year.
GasBuddy head of petroleum analysis Patrick De Haan argues the new coronavirus variant is not impacting gasoline demand.California gas costs shattered another record last week, with consumers in the state paying the most expensive prices in the country. A group of House Republicans from the state think they have the solution.
Prices for a regular gallon of gas hit $4.31 on Tuesday, according to AAA, up from $2.86 one year ago. But California – as is usually the case – has seen the steepest prices in the country, with a gallon of gas reaching $5.75. In some parts of the state, prices are even higher: Mono County has recorded an average price of $6.50 per gallon.
Gas prices in Westchester are above $6 as prices at the pump continue to rise across the Southland on Sunday, March 13, 2022, in Los Angeles.
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