US EditionGovernment is driving gas prices through the roof in California
- Governor Newsom announced California will ban sales of gas-powered cars by 2035 amid rising gas prices across the state.
- This policy and difficult permitting for refinery expansions have discouraged investments, while high taxes and labor costs burden refineries.
- Phillips 66 and Valero, two leading refineries, have announced shutdowns that are expected to decrease California's ability to refine oil by nearly a fifth by 2026, intensifying the state's affordability issues.
- A USC study projects prices could rise to $7.35-$8.44 per gallon, while April 2025 prices already reached $4.82 per gallon, with no evidence found of price gouging.
- Without reforms to improve refinery conditions, California risks economic stagnation and greater costs imposed on consumers, especially low-income residents.
19 Articles
19 Articles
California Democrats wonder if they are the problem with gas prices
California Democrats in the state legislature are discovering that they may not have been running the state very well in recent years. They questioned state regulators about California’s brewing oil crisis. In the past year, Phillips 66 and Valero have both announced they will be closing a refinery in California, leading to a 21% decline in the state’s refining output over three years. These closures have led to an estimate that gasoline in Cali…
The Bakersfield Californian
Government driving gas prices through the roof
California’s progressive political elite hate fossil fuels so much they are willing to impoverish their citizens to punish “Big Oil” and speed up a transition to an even more expensive green energy future.
Daily Bulletin
Government is driving gas prices through the roof in California
California’s Progressive political elite hate fossil fuels so much they are willing to impoverish their citizens to punish “Big Oil” and speed up a transition to an even more expensive green energy future. Governor Newsom wants zero gas-powered cars sold in California by 2035, which sends a strong signal to refiners about the long-term value of investment in the Golden State. The state makes permitting for refinery expansion or upgrades extraord…
Villaraigosa Pivots to Slamming High Gas Prices in Bid to Break Out of Gubernatorial Pack
During his time as Mayor of Los Angeles, Antonio Villaraigosa wracked up an objectively impressive record on promoting transportation options in the city. During his first term, he proposed creating a dense urban core in the downtown, envisioned a Subway to the Sea, and championed a sales tax to fund his vision (and created a set-aside for bicycle and pedestrian projects in […] The post Villaraigosa Pivots to Slamming High Gas Prices in Bid to B…
Refining Industry Profiteering and Misinformation Revealed At Oversight Hearing
Sacramento, CA – At a California Assembly oversight hearing, state regulators revealed new data showing that oil refiners feeding branded stations have made a killing from California consumers and that refiner-reported data about operating costs were overblown. The data provided by the California Energy Commission (CEC) and Division of Petroleum Market Oversight (DPMO) showed the excessive refiner […] The post Refining Industry Profiteering and …
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