California
California gas prices could reach $8 by end of 2026, report says
SACRAMENTO — Gas prices in California could reach more than $8 per gallon by the end of 2026, marking a potential 75% increase over current rates, according to a new report.
The study, led by Michael A. Mische of USC’s Marshall School of Business, projects that regular gasoline could cost between $7.35 and $8.43 per gallon — up from the statewide average of $4.82 as of April 23, 2025. While the exact price point depends on market variables, Mische says there is a clear trend: “The models all indicate the same thing — the price of gas is going up.”
A major contributor to the projected price spike is the scheduled closure of two key oil refineries: Phillips 66 in Los Angeles and Valero in Benicia.
According to the report, these closures would reduce California’s refining capacity by 21% over the next three years, potentially removing 6.6 million to 13.1 million gallons of gasoline per day from the state’s fuel supply. California currently consumes over 13.1 million gallons of gasoline daily, while producing less than 24% of its crude oil needs.
“We’re not going to see a 20% drop in demand to match that reduction,” Mische said. “That creates a significant supply shortfall.”
California is also losing about 20% of its refinery production, a reduction Mische says is equivalent to over half the total production capacity of the state of Washington.
“We’re not going to see a 20% drop in demand to match that reduction,” he said.
Mische highlighted points from the study in an interview with CBS13 that create a mix of factors driving up prices: Increasing state excise and sales tax, expanding cap-and-trade program costs, a pending change to the Low Carbon Fuel Standard, declining in-state oil production and refinery capacity, the state’s lack of incoming fuel pipelines, and increasing reliance on costly maritime transport.
The logistics challenges extend to global instability.
“Any disruption to maritime transport—geopolitical events, a hurricane in the Gulf, labor disputes—could cause major problems,” Mische said. “We’re putting ourselves in a vulnerable position.”
The LCFS alone, if passed in its current form, could raise prices by nearly 10%, according to estimates Mische cited — though he noted that the California Air Resources Board has since removed specific price projections from its website.
Other hidden costs include transportation, since gasoline may now need to be shipped in from the Gulf Coast or Asia, as well as storage reserves.
“Refiners are required to hold 14 to 16 days’ worth of gasoline on reserve,” said Mische, “and the cost of maintaining that reserve will be passed on to consumers.”
Mische noted that the data used in the study were provided by the State of California through publicly available data, as well as data from the Federal Government, which was also publicly available.
Mische emphasized that the study isn’t a doomsday prediction—it’s a risk assessment.
“We layered in a wide array of variables—from refinery capacity and seasonal blends to global spot prices and consumer demand elasticity,” he said. “It’s not about whether the price hits exactly $8. It’s about understanding the trajectory and being prepared.”
Stockton gas station raises prices
Ernie Giannecchini has owned and operated Ernie’s General Store and Deli in Stockton for forty years. Typically, he’s the cheapest gas in town with his cash price coming in under $4, at times.
He told CBS13 this is his way of turning the tables on big oil companies and saving some pain at the pump for his customers.
Over the holidays, he’s dropped the cash price for a gallon and customers have responded by showing up and showing out, supporting the small business.
A week ago, Giannecchini said the price was $3.99, but on Thursday, he was forced to go up to $4.49. It’s still below the state average per gallon, but it’s not the lowest for his customers, something he says he wishes he could change.
“My prices have to go up because I’m at rock bottom prices, I’m just basically at my cost right now, and I usually try to be the lowest price in the area, in Stockton… I have a lot of loyal customers,” Giannecchini said.
He told CBS13 he hopes that the price can go back closer to what it usually is for customers, the lowest in town. But as of now, he explained, there’s “no end in sight” for the price going up.
Governor’s office responds
In a statement to CBS13, a spokesperson for the Governor, Daniel Villasenor, noted that in March, Gov. Gavin Newsom directed the state to redouble efforts to work with refiners to ensure a safe, affordable, and reliable supply of gasoline. The statement read:
“In the two years since the Governor signed California’s gas price gouging law, the state has avoided severe gasoline price spikes like the historic 2022 spike, saving Californians billions of dollars at the pump. The law established the nation’s first state-level independent petroleum watchdog to hold Big Oil accountable, and the state has more transparency from the industry than ever before. Governor Newsom will keep fighting to protect Californians from price spikes at the pump.”
California Republicans demand action
In a statement, Senate Minority Leader Brian W. Jones (R-San Diego) warned of a looming “energy and economic crisis”, citing the same study by Mische.
In a letter to Governor Gavin Newsom, Jones urged immediate action to halt the shutdowns, calling them a threat not only to fuel prices, but also to thousands of good-paying jobs and California’s energy security. He blames state policies and excessive regulations for pushing refineries out of operation.
“We’re not just losing gas. We’re losing jobs, losing local economies, losing our grip on affordable living in California, and losing a critical layer of our national security,” Jones said.
California
New roller coaster coming to Legoland California and Florida
Legoland doesn’t have the same mindshare as a Disney or Universal resort, but Merlin Entertainments, the owner of those theme parks, is hoping to get onto the radar of more theme park enthusiasts with an upcoming $90 million expansion.
The Galacticoaster, scheduled to open in 2026 at both the Legoland Florida and Legoland California resorts, will be an indoor family coaster that’s themed to one of the first Lego space sets from the 1970s, when a 100-piece set was considered expansive.
This will be the first new roller coaster at Carlsbad’s Legoland California in nearly 20 years. In Winter Haven, Fla., it will be Legoland Florida’s first new coaster in 15 years.
Legoland hasn’t offered a lot of details about the coaster just yet. The building that will house it, however, will have the same footprint as 10 basketball courts. The track will be more than 1,500 feet long.
California’s Lego Galaxy expansion will also feature two additional themed rides, food and gift shop offerings, and a “Junior Astronaut Training Zone” for toddlers.
Legoland’s expansion comes as Disney is in the midst of a $60 billion capital investment between now and 2033, which includes a variety of planned updates and changes at its park, updating legacy attractions and unveiling what it called “the largest ever” expansion plans for the Magic Kingdom. The company is also adding seven ships to its cruise line fleet, including the Destiny, which will begin sailing on Nov. 20.
Universal, meanwhile, recently launched Epic Universe, a $6 billion new theme park that spans 110 acres, with hundreds more for expansion. Universal, in August, said revenue at its parks was up 19% thanks to Epic Universe.
A $90 million expansion doesn’t come close to matching those numbers, but Legoland doesn’t have to fight at the same level as those companies. Merlin Entertainment, earlier this year, said annual sales hit a record high last year, with revenues jumping 8% to £2.1 billion (about $2.8 billion) in 2024.
Beyond Legoland, Merlin owns the Madame Tussauds museums and the Orlando Wheel at Icon Park, Central Florida’s tallest ferris wheel.
California
Lingering thunderstorms bring flooding risk after atmospheric river drenches much of California – WTOP News
LOS ANGELES (AP) — A powerful atmospheric river had mostly moved through California after causing at least six deaths and…
LOS ANGELES (AP) — A powerful atmospheric river had mostly moved through California after causing at least six deaths and dousing much of the state, but lingering thunderstorms brought the risk of mudslides in areas of Los Angeles County that were recently ravaged by wildfire.
Flood advisories remained in place through Sunday afternoon for LA, Ventura and Santa Barbara counties, where localized showers were still possible after heavy downpours on Friday and Saturday.
“Due to the abundant rainfall the past couple of days, it will not take as much rainfall to cause additional flooding/rockslide conditions,” the National Weather Service said in a Sunday update.
Authorities on Sunday were still searching for a 5-year-old girl who was swept into the ocean by 15-foot (4.6-meter) waves at a state beach in Monterey County on Friday. The girl’s father, 39-year-old Yuji Hu, of Calgary, Alberta, was killed while trying to save his daughter, sheriff’s officials said.
In Sutter County north of Sacramento, a 71-year-old man died Friday after his vehicle was swept off a flooded bridge, according to the California Highway Patrol.
Off the coast of San Diego, a wooden boat believed to have been ferrying migrants toward the U.S. from Mexico capsized in stormy seas, leaving at least four people dead and four hospitalized, the Coast Guard said Saturday.
The long plume of tropical moisture that formed over the Pacific Ocean began drenching the San Francisco Bay Area on Wednesday night and then unleashed widespread rain over Southern California on Friday and Saturday. More than 4 inches (10 centimeters) of rain fell over coastal Santa Barbara County as the storm approached Los Angeles. Parts of the Sierra Nevada received more than a foot of snow.
The weather service said scattered rain could continue through Tuesday in the southern part of the state. Another storm was expected to arrive on Thursday.
Copyright
© 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
California
California pulls 17,000 immigrant CDLs after discovering drivers’ legal U.S. stay expired
California is pulling 17,000 commercial driver’s licenses given to immigrants. This comes following the discovery that the expiration dates on the licenses had passed the drivers’ legally allotted time to stay in the U.S.
The federal government says California issued them illegally, while the state says the feds are overreaching. Now, some people in the trucking industry say they’re the ones caught in the middle.
“I think the DMV of California messed it up, not those guys,” said Parmander Dayal, former trucker and the owner of the 99 truck wash and smog check near Yuba City.
Dayal says he’s already seeing licenses pulled.
“Yeah, obviously, I’m going to lose some customers. There’s a lot of guys that will probably lose their licenses in the Yuba City area, too. So it’s going to have a huge impact,” he said.
The announcement comes on the heels of two crashes involving drivers from the Northern California area.
Raman Dhillon, the CEO of the North American Punjabi Trucking Association, says the blame shouldn’t fall on all the drivers.
“The cause of the problem is that your schools, your DMVs, they’re issuing licenses wrongfully. Schools are training people wrongfully. There’s a lot of factors involved. With one click, you take away licenses from all these people and disrupting the whole thing is not a wise decision,” said Dhillon.
U.S. Secretary of Transportation Sean Duffy put out a press release this week stating in part, “The California DMV has admitted to illegally issuing 17,000 non-domiciled commercial driver’s licenses (CDLs) to dangerous foreign drivers.”
Governor Gavin Newsom’s office says the revocation is not due to dangerous foreign drivers, but due to inconsistency with California law. It was discovered that these license expiration dates went past the drivers’ legally allotted time to stay in the United States.
“Once again, Sean ‘Road Rules’ Duffy fails to share the truth – spreading easily disproven falsehoods in a sad and desperate attempt to please his dear leader,” Newsom’s office said in a statement.
“Doing it like this, not everyone is a culprit. Not everyone is a wrong person,” said Dhillon. “Some people are in the business five, 10 years and they invested in trucks, bought the houses, bought all kinds of stuff with it.”
The U.S. Department of Transportation says notices have been issued stating their license no longer meets federal requirements and will expire in 60 days.
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