Gas Prices
Top California governor candidates reject gas tax suspension as pump prices near $6
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Several leading candidates in California’s 2026 governor’s race said in a CBS Los Angeles debate on April 28 that they oppose suspending the state’s 61.2-cent-per-gallon gasoline excise tax, even as average prices statewide hovered around $5.98 a gallon, according to AAA. Two Republican contenders backed a suspension, while two lower-polling Democrats said they would support temporary relief.
The Environmental Protection Agency announced on Wednesday it will temporarily lift federal limits on E15 and E10 gasoline blends to help lower prices strained by the Iran conflict. The waiver aims to boost fuel supply starting May 1. Gas prices have reached nearly $4 per gallon, the highest since 2022.