Gas Prices in California

How high will they go? Gas prices in California are already near the 5 dollar mark in many places, and even exceeding 5 dollars a gallon at some LA gas stations.

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Shell Station Gas Prices in Silicon Valley, March 2nd 2012

 

Gas prices in California are only a hurricane in the Gulf of Mexico away from 5 or 6 dollar a gallon gas. And even though the United States imports no oil from Iran, rumors of war push the whole oil market higher. Which ultimately pushes refined gasoline prices higher. Eventually gas prices in California may make the cost of a Tesla Model S compared to a gas powered four door sedan more attractive.

 

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Tesla Model S in San Jose, SiliconCali