While California is known for its high cost of living and elevated energy prices, the state of Washington now has the most expensive average gas price in the nation, according to data released June 20 by the American Automobile Association, better known as AAA.
A gallon of regular-grade gasoline in California now averages $4.86 as of June 22, with Washington coming in at $4.95 after jumping 33 cents over the past month, according to AAA.
While fuel prices in Washington have historically been higher than the national average, some experts are pointing to its newly imposed cap-and-invest carbon pricing program, designed to limit greenhouse gas emissions and similar to California’s cap-and-trade regulations—as the reason for the recent spike in prices.
According to the Oil Price Information Service, a petroleum […]
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