Gas prices have surpassed $8 per gallon at a gas station in California as the country saw the price of gas hit a new record over the Memorial Day holiday weekend.
on the corner of Alameda Street and Cesar E. Chavez Avenue is charging customers over $8 for regular gasoline causing some locals to complain about price gouging, KTTV Los Angeles reported on Tuesday.
In a statement to KTTV, Chevron pointed out that the majority of its California branded stations are independently owned and that "unique" factors are contributing to gas prices in the Golden State. "In addition to the price of oil, other factors include the competitive conditions in the marketplace, the higher cost to produce gasoline to the specifications required by the California Air Resources Board, costs associated with fuel distribution, local, state and federal taxes, California carbon-compliance costs, recent inflationary pressures, and fixed costs of doing business that are often higher in California relative to other states ," Chevron said in a statement.
KTTV also reported that the California Attorney General’s office says price gouging laws are not triggered unless a federal, state, or local emergency is declared which has not been done in Sacramento.A gas pump displays current fuel prices, along with a sticker of US President Joe Biden, at a gas station in Arlington, Virginia, on March 16, 2022.Gas prices in the United States continued to soar over the Memorial Day holiday as the average price for aDrivers were paying $3.
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