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California Gas Prices Surge 40 Cents; Experts Warn of More

2/15/2026

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Story summary
  • California gas prices have risen 40 cents in two weeks to $4.582/gal, driven by refinery closures.
  • Key refineries, including Valero's Benicia facility, are idling, signaling tighter fuel supply.
  • Experts warn prices could rise by $1.21 per gallon by August 2026 if conditions remain unchanged.
  • Farmers in Northern California face rising diesel costs that threaten harvests, while Republican state Sen. Suzette Martinez Valladares says, "California is at a breaking point."