Why gas may soon cost $8 a gallon in California

Why gas may soon cost $8 a gallon in California

Could California’s gas really reach $8 per gallon next year? Yes, here’s why: In addition to the state’s highest in the nation gas taxes, Gov. Gavin Newsom’s policies are forcing two major California refineries to shut down this year, driving prices even higher. These refineries currently supply nearly 20% of California’s gasoline. Fuel shortages from the loss of these refineries will dramatically impact prices next year. Valero, in explaining i…