GasBuddy Warns of Rising Gas Prices in California Amid Geopolitical Tensions
GasBuddy, a popular gas price tracking app, has warned that gasoline prices in California are expected to rise further due to ongoing geopolitical tensions, particularly the stalled ceasefire talks between the US and Iran. Patrick De Haan, head of petroleum analysis at GasBuddy, noted that California's gas prices are already high, averaging just under $6 per gallon. The national average has also reached its highest level in four years at $4.17 per gallon. Factors contributing to the price surge include California's switch to summer-blend gasoline, refinery constraints, and increased US crude exports. The situation is exacerbated by global instability affecting oil markets, with potential for continued volatility in the coming weeks. 
