There may be a silver — or, better yet, green — lining to your pain at the pump
Two years since San Franciscans’ pain at the pump rose to a historic high, gasoline prices in The City have largely eased. But they still remain among the priciest in the nation.
One June 13, 2022, San Francisco reached its all-time high gas price of $6.64 per gallon. Two years later, prices plunged to $3.45 nationwide and $5.08 in San Francisco, slightly up from $5.01 in 2023. Costs across the country have fallen in recent weeks due to an unusual decline in demand for gas since Memorial Day.
He said the surge of 2022 forced consumers and analysts to view gas prices through a new standard. Historically, $5 per gallon is steep in San Francisco, but it has been the average for much of the past two years. Trans advocates eager to see what comes next for SF as a sanctuary city Those who spoke with The Examiner said that absent resources such as financial assistance or housing, The City could fall short in reaffirming its protection of transg…
“I think that as we get into the very low gasoline demand — and I hope we do — we’re also going to have very few refiners, because more and more of them are going to exit the market,” he said. “We might see a small depression in those margins, but I think it would be very difficult to pick out of the data.”
Researchers at UC Davis published a study in March 2022 that found that gas prices have a bigger effect on electric-vehicle adoption than the cost of electricity. The more expensive gas is, the more people purchase electric vehicles.
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