Newsom’s office pushes back on report claiming 75% spike in California gas prices by 2026

Newsom’s office pushes back on report claiming 75% spike in California gas prices by 2026

California gas prices could reach $8 by end of 2026, report says

KMAX, KOVR, KPIX, CNN By Madisen Keavy Click here for updates on this story     SACRAMENTO (KOVR) — Gas prices in California could reach more than $8 per gallon by the end of 2026, marking a potential 75% increase over current rates, according to a new report. The study, led by Michael A. Mische of USC’s Marshall School of Business, projects that regular gasoline could cost between $7.35 and $8.43 per gallon — up from the statewide average of $4…

Newsom Disputes Analysis by USC Professor on Potential Rise in California’s Gas Prices

The office of California Gov. Gavin Newsom on May 7 criticized an analysis by a University of Southern California (USC) professor on the potential impact of refinery shutdowns and state policies on gas prices. Michael Mische, a professor at USC’s Marshall School of Business, had estimated regular gasoline prices could rise from an average of $4.82 in April 2025 to as high as $8.44 a gallon by the end of next year in a report released May 5. The …

California gas prices predicted to rise amid refinery closures

Gas prices across the state are predicted to rise amid planned refinery closures.

USC professor predicts California gas prices could rise to over $8.40 a gallon in 2026

A USC analysis warns that California’s gas prices could rise by 75% by 2026 due to refinery closures and new regulations.

California Gas Prices Could Spike 75 Percent Next Year as Refiners Flee State

California could see retail gas prices as high as $8.40 a gallon if it continues down the path it is on, a researcher warns.