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Why Gas Is So Expensive In California

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Drivers in California are no strangers to pain at the pump. The state is home to some of the highest gas prices in the United States. There are several factors that go into what drivers pay at the pump, including refining costs, distribution and marketing, taxes and crude oil prices. High taxes are partly to blame for the high price of gas in California. But, there’s more to the story. Here’s what’s driving gas prices higher and what drivers can do about it.

Chapters:
0:00 Introduction
1:14 Gas prices
3:23 What’s next
5:34 Saving at the pump

Produced by: Katie Koontz
Edited by: Andrea Miller
Animation: Christina Locopo
Supervising Producer: Lindsey Jacobson
Additional Footage: Getty Images

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Why Gas Is So Expensive In California
Category
Tech
Tags
CNBC, CNBC original, U.S. economy
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