“Outrageous”: Gas prices reach new record high in California, U.S.

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“Outrageous”: Gas prices reach new record high in California, U.S.
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The average price of gasoline hit $6.19 a gallon on Wednesday, though most Bay Area cities saw prices much higher than that mark.

WOODSIDE — Gas prices in the Bay Area and California broke records again Wednesday, with some stations hitting $7 a gallon for mid- and premium-grade, exacerbating concerns about inflation and the region’s exceptionally high cost of living.

Rising fuel and supply prices recently prompted Miller, 35, to close his pool cleaning and repair business and start working for a different company that builds pools in communities across the Santa Cruz Mountains. But now, those ever-rising fuel costs are adding to the concerns at his new employer, Silver Creek Pools.

Overall, the average price of gas in California has risen 13 cents in the last week and 46 cents in the last month. That’s nearly $2 a gallon more than it was a year ago when gas was being sold for an average of $4.20 a gallon. While the price of crude oil was slightly higher back in March, during the early days of Russia’s invasion of Ukraine, it has remained persistently high in the months since, forcing prices up, said Severin Borenstein, a professor and economist at the University of California, Berkeley.

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