Gas prices will drop in the next 30 days, that's clear: Gulf senior energy advisor

• California's gas tax is increasing from 61.2 cents to 63.4 cents per gallon.
• Retail gas station margins are around 40 cents per gallon, but refiners are making over a dollar per gallon due to global refining shortages.
• Gas prices are expected to drop in the next 30 days, and the President will likely take credit for this decline.
• Demand destruction is occurring, with consumers using apps like GasBuddy to find lower prices, leading to better-than-average deals for many.

A Gulf Oil senior energy advisor discusses the dynamics of gas prices, highlighting the increase in California's gas tax and the significant profits currently being made by refiners due to global shortages. He predicts a drop in gas prices over the next 30 days, attributing some influence to presidential rhetoric and consumer behavior aided by price-finding apps.