{"id":8536,"date":"2022-04-06T13:04:53","date_gmt":"2022-04-06T20:04:53","guid":{"rendered":"https:\/\/sandiegonewsdesk.com\/?p=8536"},"modified":"2022-04-06T13:04:53","modified_gmt":"2022-04-06T20:04:53","slug":"experts-say-five-dollar-gas-prices-could-stay-for-a-long-time","status":"publish","type":"post","link":"https:\/\/sandiegonewsdesk.com\/?p=8536","title":{"rendered":"Experts Say Five Dollar Gas Prices Could Stay For A Long Time"},"content":{"rendered":"<p>Written by Sasha Reva<\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/gasprices.aaa.com\/?state=CA\">California gas prices are the highest prices among all states.<\/a> Some places have reached $6 per gallon. <\/span><span style=\"font-weight: 400;\">All drivers are hoping to see a drop in fuel costs because the high prices have put lots of pressure on people\u2019s pockets.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to AAA, it might take many months for the prices to go back to $5 again. President Joe Biden is trying to prevent the rising fuel costs by<a href=\"https:\/\/www.mercurynews.com\/2022\/03\/31\/biden-plans-to-tap-strategic-oil-reserves-for-6-months\/\"> releasing 180 million barrels of oil from the reserve in the next six months<\/a>. This idea might bring some short-term relief to drivers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unfortunately, Patrick De Haan, head of petroleum analysis for GasBuddy said \u201cI don\u2019t really see the next time California or the Bay Area\u2019s going get under that $5 mark \u2013 maybe later this year.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Los Angeles gas stations are skyrocketing, their prices are $6 and even higher at some of the locations. The Bay Area is just as bad. James Sweeney, a professor of management science and engineering at Stanford, estimated an 11 cent to 16 cent drop in gas prices, which means that it will be still over $5 prices.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">President Biden and his colleagues blame Russia for the rise in gas prices, however, even before the Russia-Ukraine invasion, California\u2019s gas prices were already $4.60 a gallon.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because California has higher taxes than everyone else, because of the \u201cspecial\u201d environmental regulation usually gas prices are<a href=\"https:\/\/www.ocregister.com\/2022\/03\/10\/qa-why-are-california-gas-prices-1-32-higher-than-the-national-average\/\"> $1.20 higher than the national average<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The effect of the Russia-Ukraine conflict will still be felt for years because we are all depending on Russia for their fuel, while we can start working on our own production. But our government worries too much about the environment and slowly kills a weak population who cannot survive inflation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThere\u2019s going to be some scars,\u201d said De Haan. \u201cNobody is going to go back to business as normal.\u201d<\/span><\/p>\n<p>Photo Cred: Frederic J. Brown\/AFP via Getty Images<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Written by Sasha Reva California gas prices are the highest prices among all states. Some places have reached $6 per gallon. All drivers are hoping to see a drop in fuel costs because the high prices have put lots of pressure on people\u2019s pockets.\u00a0\u00a0 According to AAA, it might take many months for the prices&#8230;<\/p>\n","protected":false},"author":3,"featured_media":8537,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-8536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Experts Say Five Dollar Gas Prices Could Stay For A Long Time - San Diego News Desk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sandiegonewsdesk.com\/?p=8536\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Experts Say Five Dollar Gas Prices Could Stay For A Long Time - San Diego News Desk\" \/>\n<meta property=\"og:description\" content=\"Written by Sasha Reva California gas prices are the highest prices among all states. 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