Gas just hit $6 in Los Angeles. Here's where you can still find it for $5 [Los Angeles Times (CA)]
Chevron Corporation (CVX)
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Source: Los Angeles Times
National gas prices also hit an unpleasant peak Tuesday when they surpassed the $4 mark for the first time in nearly four years. Russia's invasion of Ukraine last sent prices spiking in 2022, and this time the steady uptick in cost is due to Iran's control over the Strait of Hormuz — through which roughly one-fifth of the world's oil supply passes — amid the ongoing war Average gas prices at a local and national level have increased by more than a $1 a gallon since the U.S. and Israel initiated the conflict with Iran on Feb 28. And average national prices for diesel, the fuel used by most delivery trucks, has seen an even larger increase, up to $5.45 a gallon from around $3.76 before the war began, according to AAA. Gas stations still have the ability to set their own price per gallon, meaning there is a significant range in prices seen across the region. On the high end of the spectrum, the infamously expensive Chevron on the corner of Alameda Street and East Cesar Chavez Aven
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Sec Filings
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- 3/26/26 - Form SCHEDULE
- 3/25/26 - Form 8-K
- CVX's page on the SEC website