Gas is reaching almost $5 per gallon across the U.S., but in California it’s already passed the $6 threshold, causing a stimulus discussion.
Governor Gavin Newsom has proposed a plan that would pay car owners $400 to offset gas prices.
Residents could see as much as $800 through the proposal.
How would the $400 stimulus payments work?
Individuals with registered vehicles in California would qualify.
Each resident can claim up to two vehicles.
The proposal still has not been passed.
As gas prices continue to rise, some experts believe the cost of gas will reach $6 per gallon by August across the nation.
Whether the $400 payment will help or not depends on different factors.
Some larger vehicles hold as much as 15 gallons of gas.
The average American has a 12 gallon gas tank, which on average in the current climate is $56.52 to fill.
This means with the $400 stimulus payment, they could fill their tank 4-7 times.
Many people only fill their tanks twice per month, meaning this amount of money could help Americans for 2 or more months.
FingerLakes1.com is the region’s leading all-digital news publication. The company was founded in 1998 and has been keeping residents informed for more than two decades. Have a lead? Send it to [email protected].