With the price of gasoline setting record excessive costs in California, some are wondering where their cash goes.
Taxes and fees make up a part of the expense of the states out of this world gas prices, which are additionally most elevated in the nation.
Recently, an investigation by Irvine based scientists Stillwater Associates observed Californians were paying essentially $1.18 pennies per gallon in taxes and fees alone. That number fluctuates by a couple of pennies relying upon sales tax calculations, which shift by city.
Here is a full breakdown of the added cost:
Federal Excise Tax: 18 cents per gallon
State Excise Tax: 51 cents per gallon
Sales Tax (estimated): 10 cents per gallon
Low Carbon Gas Programs: 22 cents per gallon
Greenhouse Gas Programs: 15 cents per gallon
Underground Tank Storage: 2 cents per gallon
California has the highest gas prices in the nation, according to AAA.
In the Southern California region: the average price per gallon stood at $4.672 in the Los Angeles – Long Beach area, followed by $4.654 in Ventura, $4.635 in Orange County, $4.629 in San Diego, $4.621 in the Santa Barbara area and $4.613 in San Bernardino and $4.591 in Riverside.
A few gas stations media visited in the Los Angeles region had prices more than $5 per gallon Monday.