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Author Topic: Gasoline Prices Plunge – Except in California  (Read 575 times)

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Online rangerrebew

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Gasoline Prices Plunge – Except in California
« on: April 11, 2025, 10:59:35 am »
Gasoline Prices Plunge – Except in California
By Marc Morano
April 10, 2025
11:40 am


Via Committee To Unleash Prosperity: Gasoline prices have eased in 31 states as oil has fallen to below $65 a barrel since Trump came into office. But California isn’t one of them.

Gov. Gavin Newsom says California’s sky-high gas prices are due to greed by “Big Oil” companies. But a new study from the University of Southern California says Newsom’s analysis is running on empty, and puts the blame squarely on state regulations.

“There is no economic data to support the allegation of price gouging,” Michael Mische of USC’s business school says in his study. “It just doesn’t exist.”

What does exist is a web of environmental policies. They include the state’s cap-and-trade charge for the industry that is passed down to the consumer, high environmental fees, its unique blended gasoline, and at 60 cents a gallon, the highest gas tax in the nation. All this raises the price per gallon to an average of $4.85 a gallon or a third higher than the national average.

https://www.climatedepot.com/2025/04/10/gasoline-prices-plunge-except-in-california/
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Offline DefiantMassRINO

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Re: Gasoline Prices Plunge – Except in California
« Reply #1 on: April 11, 2025, 11:05:28 am »
... because California state law requires a state-proprietary blend of gasoline that is produced by a decreasing number of refineries as Cali conducts lawfare and taxfare against remaining refiners ... completely self-inflicted.
« Last Edit: April 11, 2025, 11:09:02 am by DefiantMassRINO »
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Offline Fishrrman

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Re: Gasoline Prices Plunge – Except in California
« Reply #2 on: April 11, 2025, 06:01:09 pm »
For some reason they haven't been going down in Connecticut, either.
Instead, they've been creeping UPwards.
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