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Stock impact report

Gas prices are on rise in California and there are several reasons why [USA TODAY]

Phillips 66 (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
Company Research Source: USA TODAY
Sign up at https://profile.usatoday.com/newsletters/today-californian/ for our new TODAY Californian newsletter, delivered right to your inbox. California drivers have been paying more at the pump in recent weeks. In the past month, the by 38 cents in the Golden State, rising from $4.205 a month ago to $4.589 on Monday, Feb. 16, according to data from the American Automobile Association. The nation is seeing an average gasoline price of $2.929 per gallon, as Los Angeles-Long Beach is seeing an average of $4.618 and San Francisco an average of $4.809, the AAA data shows. While the current price may feel high to California drivers, it is lower than the same time last year, when the statewide average was $4.84 per gallon, Kandace Redd, senior public affairs specialist with the Auto Club of Southern California, said. The current price also falls short of the state high of $6.43 in June 2022, Redd said. “But, while today's prices are not at record highs, they're still taking a Show less Read more
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