Gas prices have hit record highs in many parts of California, with greater Los Angeles seeing an unprecedented average of $6.49 per gallon for regular.
But, he added: "While this is welcome relief, we’re still focused on getting answers for this unprecedented price spike.”While some gas stations might drop retail prices as soon as Wednesday night, De Haan said more widespread declines would likely occur over the weekend, as owners and operators first use up the higher-priced supply in their tanks, then fill them over the next few days with the lower-priced supply.There was no immediate relief evident for consumers at the pump yet.
On Wednesday, as prices fell, he said in a written statement, "Now, even though the price of oil has decreased to $90 per barrel, today the average gas price at the pump has surged to $6.43."California has seen a substantial budget surplus. Newsom pushed for and won rebates for many Californians in this year's budget package, with direct deposits expected to start showing up in accounts of those who file their taxes electronically within the next few weeks.
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