Friday, May 11, 2018

The Climb is On: Gas Prices are Already Topping $4 in Parts of California

Via The Fresno Bee
Gasoline prices in Fresno have already increased beyond $4 per gallon this week at some places in town, reports the Fresno Bee.

In the EPJ Daily Alert, I'm forecasting climbing oil prices across the country because of generally accelerating price inflation and President Donald Trump’s decision to withdraw from the Iran nuclear deal and place sanctions on the country.

The average gas price in California is now $3.63 per gallon, according to Gas Buddy.  The lowest average state gas price in the country is in Oklahoma at $2.53 per gallon.

-Robert Wenzel  


  1. I'm happy Californians are paying a hell of a lot of money for gas. Maybe importing more turd worlders could solve it.

  2. What happened to the "fracking revolution" in the US and Canada? I thought that was supposed to keep oil and gasoline prices lower for the foreseeable future.