The AAA says that as of Saturday, the average price per one gallon of regular fuel is $5.078, up 43.5 cents from last Saturday's average of $4.643. The rise is much more aggressive for diesel, which rose 70 cents in one week, settling at $5.808 per gallon on Saturday.
California's average gas prices as of March 7, 2026. (AAA) AAACalifornia is the only state with an average regular fuel price above $5, but the state's spike met the pace of the national rise over the last week, also at 43 cents. The national average was $3.413 as of Saturday, according to AAA.
CBS MoneyWatch's Mary Cunningham spoke to Patrick De Haan, a petroleum expert at GasBuddy, who said the U.S. is losing access to around 20 million barrels of oil supply a day after Iran stalled shipments through the Strait of Hormuz.
Local increases
Several markets across California saw increases higher than the state's over the last week. They include:
Bakersfield: 45 centsLos Angeles - Long Beach: 47 centsOrange County: 52 centsRiverside: 51 centsSan Diego: 46 centsHence then, the article about california gas prices skyrocket as average price rises more than 40 cents in a week was published today ( ) and is available on CBS sacramento ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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