Prices in Washington’s carbon market have continued to trend upward as the price of emission allowances reached an all-time high this month. The state held four auctions between September and December and raised just over $1.1 billion by selling over 16 million carbon emission allowances. … Allowances cost $64.30 in the September auction and $70.86 […]
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Gas prices drop 21 cents in WA, still 37% higher than national average
Gas prices across Washington have fallen 21 cents per gallon since late October, although WA continues to rank among the top three worst states to fill up your tank. As of Nov. 25, Washington’s average price per gallon is $4.188, which is 37% higher than the national average of $3.055, according to AAA. In the […]
Washington Drivers Paying Nearly 45% More for Gas — State Among the Worst in the Nation
As of October 21, the average price per gallon in Washington is $4.402, a staggering $1.355 higher than the national average of $3.047. In the greater Seattle area, drivers are paying even more: $4.662 per gallon, which is 53% above the national average. That represents an increase of over 40 cents per gallon compared to […]
State halts rebates to farmers hit with fuel fees under WA climate law
Washington quietly ended funding this summer for a program that provided millions of dollars in rebates to farmers who paid unfair fuel surcharges under Washington’s landmark climate law. … Complicated carveout Central to the Climate Commitment Act are auctions for pollution allowances that refineries and other companies need to buy to offset their carbon emissions. […]
Here’s why Washington’s gas prices keep rising: regulation, taxes, and the CCA
Washington State now has the second highest gas prices in the country, sitting just behind California. This is despite having five refineries located within the state. So why are prices so high? According to State Sen. John Braun (R-Chehalis), the answer lies in a combination of excessive regulation, sky-high gas taxes, and, crucially, the Climate […]
As cap-and-trade tax rises, Washington’s gas prices tailgate California’s
Washington’s cap-and-trade tax on fossil fuel has reached a record high, as the state threatens to overtake California for the distinction of having the highest gasoline prices in the country. Petroleum companies, natural gas suppliers and investors paid $64.30 per carbon allowance at an auction this month, the state Department of Ecology reported Sept. 10. […]
West Coast fuel prices going up as rest of country enjoys reprieve
West Coast fuel prices, already the highest in the Continental U.S., will continue to rise, even as the rest of the country looks forward to gasoline dropping below $3 a gallon, the U.S. Energy Information Administration forecasts. … Hawaii sometimes has the most-expensive fuel in the U.S. But on the mainland, California, Washington and Oregon, […]
In Our View: WA must take heed to businesses’ concerns
Historically, Washington has been a hub for innovative, cutting-edge companies. Boeing, Starbucks and Amazon got their start here and blossomed into global brands. Microsoft moved to the state in its infancy and altered how businesses and households around the world function. While such companies have drawn headlines and become identified with Washington, businesses that are […]
WA gas prices rise by 5% year over year while nation’s prices fall by nearly 10%
While the nation as a whole is seeing lower gas prices compared to this time last year, Washington’s gas prices have increased year-over-year. Washington residents are paying an average of $4.413 per gallon of gas, nearly 5% higher than the price paid in the summer of 2024. Nationally, gas is costing an average of $3.14, […]
‘Clear sign of energy mismanagement’: Washington gas prices trending up
(The Center Square) – While gas prices in Washington state fluctuate, they have increased overall compared to last year, with drivers enduring some of the highest fuel costs in the nation. According to AAA, the average price of standard, or regular grade, gas in Washington is $4.39 per gallon as of Friday morning, up slightly […]