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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
gas

Gas is weirdly expensive in this one part of the U.S.

By Susie Poppick
May 20, 2015, 10:10 AM ET
US Gas Prices Rise For 35 Consecutive Days
Gas prices nearing $6.00 per gallon are displayed at Bridgeway Gas on March 3, 2015 in Sausalito, California. Photograph by Justin Sullivan — Getty Images
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West Coast drivers might be feeling like they’ve been left out of the cheap gas boom.

Despite sub-$3 gas all over the rest of the country, gas prices on the coast—and especially in California—have been skyrocketing. West Coast drivers are paying a record 88 cents a gallon more than those on the East Coast, Bloomberg reports. And in Los Angeles, prices have actually nosed above $4.

Why the big difference?

It’s partly that California has recently instituted particularly strict laws limiting greenhouse-gas emissions. This forces gasoline companies to spend more on either pollution permits or the production of lower-carbon fuels—costs that get passed on to drivers.

But it’s also bad luck. Several oil refineries in California and Washington have been out of commission in recent weeks because of explosions, breakdowns, power outages, and repairs.

Check out this gas price heat map from GasBuddy.com, or type in your zip code here to see if you are paying fair prices for the area where you live.

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