Mobility levels in California have seen only meager growth in recent weeks despite a seasonal uptick taking place across the country, indicating that a prolonged period of high fuel prices would temper seasonality patterns. – Gasoline retail prices have averaged $5.70 per gallon over the latest reporting week in California, some $1.50 per barrel above the national average, with current daily prices already at $5.92 per gallon. – Against this background, weekend mobility data in California has decoupled itself from the nationwide pattern of growth, lingering at levels seen in early 2022. – Oil […]