- The average cost of gas in Washington has jumped by 34 cents in the last month
- Residents are being charged $4.95 a gallon, compared to $4.86 in California
- Experts said the price surge was due to oil companies passing down green fees
Washington is now the most expensive state to buy gas for the first time in 18 years – overtaking even California – which is known for its high fuel prices.
The average cost for gasoline in Washington has jumped by 34 cents in the last month to $4.95 a gallon, according to the AAA. In California, the average price for a gallon of regular gas is nine cents lower at $4.86. …
Experts warned that the price surge was due to oil companies passing down fees introduced in Washington to cap the amount of greenhouse gases emitted by companies. …
In some parts of Washington, drivers are paying well over $5 a gallon. In King County, where Seattle is located, the average for regular gas is $5.09 a gallon, according to AAA, while Skamania County averages $5.32 a gallon. …
The Evergreen State signed into law The Climate Commitment Act in 2021, which established an ambitious program to cap the state’s carbon emissions.
A new carbon-pricing program launched in January that charges businesses for the greenhouse gases they emit, and experts warn that oil companies are choosing to pass on these compliance fees to consumers.
The costs add up to about 50 cents per gallon for the consumer, according to the Oil Price Information Service. …Read the Complete Article »