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California gas prices could reach $8 by end of 2026, report says

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California gas prices could reach  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.

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“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.

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“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.

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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.

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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.

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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.



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2 Northern California universities made U.S. News ‘Best Global’ list

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2 Northern California universities made U.S. News ‘Best Global’ list


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To the surprise of perhaps no Californians, several California universities appeared in the top rankings of the world’s best universities in the latest U.S. News and World Report rankings released on June 16.

Of the more than 2,250 worldwide research institutions that U.S. News & World Report evaluated for this list, six California universities ranked in the top 50 globally, with an even split among Northern and Southern California institutions.

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The 2026 list includes universities from more than 100 countries, with the following countries receiving the most schools in the overall rankings:

  • China: 409
  • United States: 275
  • India: 123
  • United Kingdom: 93
  • Japan: 86

Did your California alma mater appear among the top global universities?

U.S. News and World Report methodology

When determining a university’s placement on the list, U.S. News & World Report considered factors more relevant to research-oriented institutions than to undergraduate-focused metrics like bachelor’s degree graduation rates.

It focused on aspects like academic institutions’ research and reputation, number of publications, the quality of publications and citations. It considers other factors, including location, campus culture, the strength of particular programs, and cost, which are also very important.

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“For students seeking universities with strong academic excellence and global recognition, the Best Global Universities rankings offer an essential comparative resource,” said LaMont Jones, Ed.D., managing editor for Education at U.S. News.

“Our methodology focuses on a school’s research mission and scholarly impact, helping students identify institutions that are truly at the forefront of global knowledge creation.”

Out of the top 10 global universities, two California institutions made the list:

  1. Harvard University
  2. Massachusetts Institute of Technology (MIT)
  3. Stanford University
  4. University of Oxford
  5. University of Cambridge
  6. Tsinghua University
  7. University of California Berkeley
  8. Yale University
  9. University College London
  10. Columbia University

How did California colleges rank in U.S. News and World Report’s Best Global Universities 2026 list?

Outside of the top 10 universities, California saw a handful of other institutions rank highly on U.S. News & World Report list.

Notably, the University of California – Los Angeles just missed the top 10 list, ultimately ranking as the 11th-best global university and the second-best public institution on the list. It was beaten out as the best public institution by its academic counterpart, the University of California, Berkeley, which was ranked the 7th-best global university.

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Additionally, a number of University of California schools made the top of the list, ultimately reaffirming the quality of the institutions’ public campuses across the state.

“Research from the University of California is vital to work that benefits all Americans, from breakthroughs in the treatment of Parkinson’s to the science behind previously unimagined successes in fighting cancer and the development of quantum computers that will enable the critical advances of the 21st century,” the University of California said in a press release about its rankings.

Here’s the list of California universities that made the top 100 list:

  • 3. Stanford University
  • 7. University of California Berkeley
  • 11. University of California – Los Angeles
  • 22. University of California – San Francisco
  • 23. (Tied) California Institute of Technology
  • 23. (Tied) University of California – San Diego
  • 74. University of Southern California
  • 95. University of California – Davis
  • 99. University of California – Irvine
  • 100. University of California – Santa Barbara

Noe Padilla is a Northern California Reporter for USA Today. Contact him at npadilla@usatodayco.com, follow him on X @1NoePadilla or on Bluesky @noepadilla.bsky.socialSign up for the TODAY Californian newsletter or follow us on Facebook at TODAY Californian.



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Is California’s ‘Big One’ coming soon? Maps show growing danger.

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Is California’s ‘Big One’ coming soon? Maps show growing danger.


The most significant seismic event in California’s history – an earthquake of 7.9 magnitude – occurred in 1857 and ruptured about 225 miles on the San Andreas Fault. That earthquake, dubbed the last “Big One,” killed two people and produced shaking that lasted between one and three minutes.

Since then, California has exploded in population and been has been rattled by many major earthquakes. But Californians have also grown familiar with the existential dread of another “Big One” looming.

Researchers have long warned there will be another massive earthquake in Southern California. They just don’t know when.

A recent study says warning signs continue to grow in 2026. The San Andreas and San Jacinto fault systems have reached the highest stress levels seen in the past 1,000 years, according to a study conducted at the University of Hawaiʻi at Mānoa.

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The San Andreas fault runs throughout the state, passing through San Francisco and San Bernardino, while the San Jacinto fault is in Southern California and runs through Riverside, San Diego and Imperial Counties.

Unable to view our graphics? Click here to see them.

Why the San Andreas Fault is so risky

Faults rupture on the San Andreas Fault approximately every 150 years, according to UCLA professor Jonathan Stewart, who studies earthquake engineering.

But it’s been over 300 years since the last “large rupture” occurred south of the 1857 Fort Tejon earthquake, Stewart said. “As far we know it didn’t produce a large rupture since around 1690. To the present that’s a lot more than 150 years, so there’s a lot of build-up. That doesn’t mean it’s going to happen immediately, it just means there is more stress built-up.”

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When the earthquake happens, it is likely to cause a lot of damage. One major concern is the state’s water systems.

“An earthquake like this would rupture most, if not all of the major aqueducts bringing water into Southern California,” Stewart said. “Most people will not be in a collapsed structure after this earthquake, but everybody’s going to be affected by water problems.”

Study highlights longstanding risk

To investigate the probability of an earthquake occurring, researchers built a physics-based simulation and fed it the earthquake history from the region. By doing so, they were able to estimate how much stress has built up along the southern San Andreas and San Jacinto fault systems.

The results suggest that catastrophe may be near.

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“Right now, with stress at historically high levels across the region and more than 160 years elapsed since the last major rupture, the system is in a critically loaded state,” lead author Liliane Burkhard said.

Most importantly, the Cajon Pass, at the junction of the San Andreas and San Jacinto faults, could facilitate a joint rupture of the two faults. This scenario, according to the study, would probably be “significantly more damaging” than a single-fault event.

How is earthquake safety considered?

Seismic hazard assessments are critical for the safety of the millions of residents in California’s densely-populated and earthquake-prone areas.

Seismic Hazard maps show the relative hazard associated with earthquakes using information on past faults, the behavior of seismic waves and the near-surface conditions of specific locations, according to the U.S. Geological Survey.

Larger values indicate a stronger level of earthquake shaking. A peak ground velocity of 269 cm/sec would correspond to extreme shaking and heavy damage. For reference, the largest ground velocity recorded in Taiwan’s 1999 Chi-Chi earthquake reached 318 cm/sec and had a magnitude of 6.7.

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That earthquake killed more than 2,000 people and incurred approximately $14 billion in damage.

How do the fault lines rupture?

The San Andreas and San Jacinto faults are strike-slip faults, which typically cause horizontal displacement. Both faults comprise the geologic boundary between the Pacific Plate and the North American Plate.

If a major earthquake occurs on the San Andreas fault, it is likely to produce surface rupture, which occurs when a fault breaks through to the surface. Most earthquakes, however, do not produce surface rupture, according to USGS.

In a major rupture, strong shaking could cause severe damage near the fault and in areas built on soft or water-saturated soils, which can amplify shaking. Rupture can directly offset roads, buildings, and other structures that span the fault trace.

Although the study helps explain the risk associated with the California fault lines, Burkhard emphasized that it shouldn’t serve as a forecast.

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“This is not a prediction of when an earthquake will happen,” Burkhard said. “However, studies like this are important contributions to national and global earthquake hazard research in that we are using rigorous, quantitative science to better understand the risk facing millions of people.”

Contributing: Brandi D. Addison, USA TODAY NETWORK



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California lawmakers seek $32M to combat invasive pest found on grapevines sold at Costco

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California lawmakers seek M to combat invasive pest found on grapevines sold at Costco


California lawmakers are now asking the federal government for more than $32 million in emergency funding to stop the spread of an invasive insect that was recently discovered on grapevines sold at Costco stores across the state.

The request comes about a month after Fresno County agricultural officials discovered grapevine plants infested with the glassy-winged sharpshooter, a pest capable of spreading Pierce’s Disease, a deadly infection that can kill grapevines.

In a letter sent to U.S. Agriculture Secretary Brooke Rollins, Sens. Adam Schiff and Alex Padilla joined Reps. Mike Thompson, David Valadao and other members of California’s congressional delegation in requesting $32.2 million in emergency funding to contain and eradicate the pest.

[RELATED] Fresno County grapevine plants shipped to Costco were infested with bugs

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Lawmakers say the infected nursery stock was identified Mat 19 by the California Department of Food and Agriculture and the Fresno County Agricultural Commissioner’s Office.

The plants had been distributed to Costco stores in more than two dozen California counties before being sold to customers.

Officials believe some of the infested plants have since been transported to homes in at least 38 counties across the state.

The movement of infested nursery stock into and near key grape-producing regions, including areas critical to California’s winegrape and fresh table grape production, significantly elevates the urgency of this response.

The glassy-winged sharpshooter feeds on grapevines and spreads Pierce’s Disease, an incurable bacterial infection that can destroy vineyards by preventing vines from transporting water.

Lawmakers warned that the pest poses a serious threat to California’s wine and table grape industries.

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According to the Wine Institute, California’s wine industry supports 1.1 million jobs nationwide and generates an economic impact of more than $170 billion.

California also produces 99% of the nation’s table grapes, with an annual crop value estimated at $2.59 billion.

If the pest spreads unchecked, the California Department of Food and Agriculture estimates losses associated with Pierce’s Disease and the glassy-winged sharpshooter could exceed $104 million annually.

The requested funding would support emergency response efforts, including tracing the movement of infested plants, surveying affected areas and expanding trapping programs.

Additional funding would also be used for long-term monitoring and eradication efforts over the next several years.

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The lawmakers are asking the U.S. Department of Agriculture to immediately release the funding through the Commodity Credit Corporation, arguing that the outbreak meets the federal definition of an agricultural emergency.

Growers have already contributed more than $62 million toward research and mitigation efforts over the past 25 years through industry assessments, according to the letter.

Federal officials have not yet announced whether the funding request will be approved.



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