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$9 per Gallon? California Gas Station Going Viral as Prices Rise
California's average gas price rose 82 cents last month to $5.37 per gallon amid supply concerns from Iran conflict and local regulations, hitting $8.71 at a key Los Angeles station.
- On March 20, the Chinatown Chevron in Los Angeles posted regular unleaded gas at $8.71 per gallon, with prices climbing toward $9 this week amid the ongoing Iran-U.S. war.
- Iran's blockade of the Strait of Hormuz, a 100-mile waterway carrying 20% of global oil shipments, has destabilized markets since U.S. and Israeli military action began more than three weeks ago.
- California drivers face unique vulnerability; statewide averages reached $5.37 last week, while the Chinatown Chevron remained notorious for charging roughly $3 more per gallon than nearby stations.
- Consumers have seen pump prices jump by $1 over the month, while financial experts warn the conflict creates a permanent risk premium affecting global oil production.
- President Donald Trump said March 26 that Iranian officials allowed 10 "big boats of oil" through the Strait as a gesture of good faith during backchannel negotiations with the United States.
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17 Articles
Coverage Details
Total News Sources17
Leaning Left4Leaning Right0Center13Last UpdatedBias Distribution76% Center
Bias Distribution
- 76% of the sources are Center
76% Center
L 24%
C 76%
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