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California Gas Prices Surge to $4.82 Amid Demand Drop

5/13/2025

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Summary

Story summary

California's average gas price reached $4.82, up five cents from last week, while the national average is 49 cents lower than last year.
OPEC+ plans to boost crude oil output in June, potentially lowering prices.
Gasoline demand dropped from 9.09 million b/d to 8.71 million b/d, with a slight supply increase.
San Francisco leads California's high prices at $5.13 per gallon.

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Story summary

California's average gas price reached $4.82, up five cents from last week, while the national average is 49 cents lower than last year.
OPEC+ plans to boost crude oil output in June, potentially lowering prices.
Gasoline demand dropped from 9.09 million b/d to 8.71 million b/d, with a slight supply increase.
San Francisco leads California's high prices at $5.13 per gallon.