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Watch Why Gasoline Is So Costly In California CNBC‎ English Video

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Drivers in California are not any strangers to ache on the pump. The state is house to among the highest fuel costs in the US. There are a number of components that go into what drivers pay on the pump, together with refining prices, distribution and advertising and marketing, taxes and crude oil costs. Excessive taxes are partly responsible for the excessive worth of fuel in California. However, there’s extra to the story. Right here’s what’s driving fuel costs larger and what drivers can do about it.

0:00 Introduction
1:14 Gasoline costs
3:23 What’s subsequent
5:34 Saving on the pump

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

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Why Gasoline Is So Costly In California

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