BoiFromTroy.com

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Boi From Troy

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Boi From Troy

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Since I have not filled up my car since early May, I hadn’t noticed…but gas prices are falling here in California.

The state’s average set an all-time record of $3.38 in mid-May and then started drifting down as refineries increased gasoline production for Memorial Day. San Francisco’s prices dropped about 8 cents in the past month, hitting $3.28 per gallon Tuesday. San Jose’s tumbled 15 cents, to $3.22, while Oakland’s fell 12 cents to $3.22.

Credit the price break to increased production at the state’s gasoline refineries. Their output flagged this spring because of maintenance and unplanned outages, but rebounded in recent weeks.