Politicians demand investigation into high gas prices?

As lieutenant governor, Gavin Newsom supported a 2017 bill increasing the state’s gas taxes. When running for governor in 2018, he opposed a ballot initiative that would have repealed that same increase. It’s 2019, and Newson, now the state’s governor, is demanding an investigation into why the state’s gas prices are so high. – https://www.pe.com

California Politicians Hiked Gas Tax, Now Demand Investigation Into State’s $4 Per Gallon Gas Prices.

On Tuesday, the governor sent a letter to the California Energy Commission (CEC) asking that the state agency investigate the Golden State’s roughly $4.03 per gallon gas prices, currently the highest in the country (and well above the national average of $2.86 per gallon). –https://reason.com

Borenstein said in the report that, even when accounting for California’s gasoline tax and greenhouse gas reduction costs, prices have “exhibited a continuous and unexplained differential compared to the rest of the country.”

Leave a Reply