California is set to shell out even more with the Golden State more exposed to surging oil prices than the rest of the country in the wake of Russia’s invasion of Ukraine.
Auto club AAA says Diesel prices at the pump rose to a record-high $5.185 a gallon adding that the state’s gasoline also rose to a fresh record of $4.94 a gallon while San Francisco prices topped $5.
Brent crude futures have surged around 20% in the days since the Ukraine war started, signalling that retail fuel prices could rise further.