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August 12, 2015: Gas Prices Fall in California

(07:51) CALIFORNIA – Gas prices are dropping in California. The average gas price in the state today is $3.56 per gallon, which is a $0.24 decrease in one month. The drop in gas prices is being attributed to crude oil oversupplies and record high-refinery output. The conclusion of the summer driving season and a decreased demand for fuel is also expected to cause drops in gas prices. (S.G.)

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