Commodities
Move Over California: The Priciest US Gasoline Is Now in Washington State
- Carbon costs soar since state imposed cap and trade market
- Pump prices nearing $5 a gallon, carbon costs set to stay high
A customer refuels a vehicle at a gas station in the South of Downtown (SoDo) neighborhood of Seattle, Washington.
Photographer: Chona Kasinger/BloombergThis article is for subscribers only.
Washington gasoline prices have surpassed those of California to become the most expensive in the country as drivers there bear the brunt of the state’s effort to cut carbon emissions.
Gasoline prices in Washington have risen to $4.98 a gallon, according to data from auto club AAA. Until this summer, Washington prices have been below California for more than nine years.