California motorists are paying $1 per gallon more for gasoline than drivers in the rest of the country as problems at state refineries leave the state fuel market unusually tight. The average price of gasoline sold in the state was $3.95 per gallon on Monday, compared with a nationwide average of $2.89, according to the U.S. Energy Information Administration ( link.reuters.com/xyx25w ). The gap between fuel prices in California and the rest of the country hit a record $1.06, up from just 43 cents at the start of the year ( link.reuters.com/baz25w ). There are plenty of conspiracy theories about why the state’s motorists are paying so much, ranging from high taxes and specialty fuel formulations to market manipulation, but the truth is more prosaic. Pump prices include taxes and fees […]