Gas Prices Drop, California Faces Higher Costs

Gas prices across the US are dropping, with drivers expected to pay an average of $2.79 per gallon on Christmas Day, the lowest since 2020. However, California residents wont see much relief, with prices averaging $4.31 per gallon, second only to Hawaii. Two major refineries are closing, which could lead to prices topping $5 per gallon in 2026. Despite this, California leads the nation in EV adoption, with nearly a quarter of new cars sold being electric. The state aims for carbon neutrality by 2045, but the future of green tech funding remains uncertain.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.