U.S. gas prices have soared to a record high of $4.67 per gallon on average nationwide.
Gatekeepers News reports that the prices jumping 48 cents in May alone as one gas station in Los Angeles is charging more than $8-a-gallon.
This was according to the daily AAA National Average.
Meanwhile, States like California and New York are experiencing higher than normal prices, with a gallon of gasoline costing between $4.88 to $6.19, with a downtown LA Chevron station standing as an outlier charging $8.05-a-gallon
The average price exceeded $4.00 in all 50 states for the first time in history.
Chevron while reacting to the outrageous price at the gas station in a statement said: “This station, along with the majority of our branded stations in California, are owned by independent businesspeople who make their own decisions about the price to charge at their stations.”
According to the company, prices in California are among the highest in the nation. This was due to a wide range of factors, including: “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.”
There are chances that the California Attorney General’s office would call the gas station to investigate businesses selling gas at higher-than-average rates after vowing to crack down on illegal price gauging in the state.
