California average gas prices cross new record for second consecutive day

Los Angeles: For the second day in a row, the average price of gasoline in California has reached USD4.682 per gallon, a new high for the most populous US state.

In a statement, AAA spokesperson Andrew Gross said, "A minor drop in gas demand, maybe owing to seasonal driving behaviour changes, is contributing to some price relief at the pump."

The average price of normal gasoline was USD4.676 per gallon on Sunday, according to the American Automobile Association (AAA), breaking the state's previous record of USD4.671 established in October 2012. According to AAA, the national average price for a gallon of gas on Monday was USD3.41, up 11 cents from a month ago and USD1.29 from a year ago, but down a penny from the previous week. The national average has decreased on nine separate days since October 30, after rising steadily for the preceding 31 days.

"Unfortunately, the continued scarcity of crude oil will likely keep gas prices fluctuating rather than falling for some time." According to sources, the price increase is due in part to the increased cost of crude oil, as well as unanticipated refinery maintenance and refinery shutdowns. Production challenges following late-October rains in northern California also had an impact, according to the news outlet. Gas, food, and housing costs have all risen significantly in recent months in the United States, as the country continues to grapple with supply chain constraints.

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