Jul 3, 2025

Ahead of Holiday weekend, Californians see lowest July prices at the pump in 3 years

SACRAMENTO – Ahead of an expected record-breaking holiday weekend for travel, Californians are seeing the lowest July prices at the pump in years. This comes after Governor Gavin Newsom has taken repeated actions to increase transparency on Big Oil’s balance sheets — putting people over record profits — and another that will give the state more tools to require petroleum refiners backfill supplies and plan ahead for maintenance, helping keep supply and demand more stable.

Line chart titled “California Retail Gas Prices Over Time (2022 – Current),” with monthly prices from January to December for four years. 2022 is the highest line, peaking near $6.35 in June and again near $6.00 in October before falling to about $4.50 in December. 2023 stays near $4.50 to $5.00 through summer, peaks near $5.60 in September and October, and ends near $4.70. 2024 peaks near $5.40 in April and declines to about $4.35 in December. 2025 runs January to June and falls from near $4.90 in April to about $4.70 in June. Source: CEC analysis of OPIS data.

Additionally, Republicans spent the last 6+ months fearmongering about a supposed “65 cent jump” in price at the pump on July 1, which DID NOT happen. In fact, prices at the pump have gone down leading up to, on, and after July 1, 2025 — the opposite of what Big Oil Republicans claimed would happen.

Line chart titled “California Retail Gas Prices May-June 2025.” The price rises from about $4.54 at the start of May to a peak near $4.70, then falls to about $4.40 in mid-June, ticks up slightly to about $4.42, and ends near $4.32 at the end of June. Source: U.S. EIA, California regular all formulations retail gasoline prices, in dollars per gallon.

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