Gas Station Starts Selling Gas for a Whopping $8 per Gallon: 'I Just Find That Absolutely Insane'

One gas station in California is catching heat for its exorbitant prices.

learn more about Emily Rella

By Emily Rella

Artit Fongfung/EyeEm | Getty Images

It looks like there might be more bad news for travelers looking to road trip it this summer — especially if they're coming from the West Coast.

One California gas station seems to have defied all odds after beginning to charge over $8 per gallon of regular gas.

To put that in perspective, for an average small-sized car that can hold 12 gallons of gas per full tank, the price to fill up would be $96.

Related: Hitting the Road for Summer Travel? Sticker Shock at the Pump Is Going to Burn: What to Expect

For a larger truck that takes up to 16 gallons, that's roughly $128 for one trip to the gas station.

KTTV originally reported the news about the Chevron station in Los Angeles (the corner of Alameda Street and Cesar E. Chavez Avenue).

"In addition to the price of oil, other factors include the competitive conditions in the marketplace, the higher cost to produce gasoline to the specifications required by the California Air Resources Board, costs associated with fuel distribution, local, state and federal taxes, California carbon-compliance costs, recent inflationary pressures, and fixed costs of doing business that are often higher in California relative to other states (e.g., the cost of commercial real estate)," Chevron said in a statement to FOX 11.

Many on social media noted the sign and the extraneous price and posted photos and warnings to their followers and the public.

Chevron noted that most of its gas stations in California are independently owned, which means that they can set and enforce their own prices, though Chevron noted that it does "not tolerate unlawful pricing practices."

Related: DoorDash Is Paying Back Drivers to Offset Gas Prices — Without Charging Customers

Earlier this week, Gas Buddy expert and fuel tracker Patrick De Haan suggested that the national average price per gallon could hit $5 by June 17, with additional analysts from JP Morgan suggesting that the current average price per gallon could increase another 37% by the end of August.

As of Thursday afternoon, the average gas price per gallon in California was $6.213, surpassing the national average which is currently $4.715.

Emily Rella

Entrepreneur Staff

News Writer

Emily Rella is a news writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Related Topics

Editor's Pick

The Dark Side of Pay Transparency — And What to Do If You Find Out You're Being Underpaid
Thinking of a Career Change? Here Are 4 Steps You Can Take to Get There.
A Founder Who Bootstrapped Her Jewelry Business With Just $1,000 Now Sees 7-Figure Revenue Because She Knew Something About Her Customers Nobody Else Did
Everything You Need to Know About Franchise Law