California Gov. Gavin Newsom wants to know why gas prices are higher than in the rest of the country, blaming potential “inappropriate industry practices” rather than the state's higher taxes and tougher environmental regulations.
Gov. Gavin Newsom wants to know why California’s gasoline prices are higher than in the rest of the country, blaming potential “inappropriate industry practices” Tuesday rather than the state's higher taxes and tougher environmental regulations.
In 2017, the state's Petroleum Market Advisory Committee found that California has had “a continuous and significant unexplained differential compared to the rest of the country” since February 2015. That difference has cost Californians more than $17 billion, or about $1,700 for a family of four, said Severin Borenstein, faculty director at the Energy Institute at UC Berkeley's business school.
“Independent analysis suggests that an unaccounted-for price differential exists in California's gas prices and that this price differential may stem in part from inappropriate industry practices,” Newsom, a Democrat, wrote.Western States Petroleum Assn.
Last year, voters recalled a Democratic state senator who voted for the increase and replaced him with a Republican. But a statewide ballot initiative to repeal the higher tax failed with more than 56% of the vote.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Gov. Gavin Newsom is progressing on his key policy promises for CaliforniaHere are some of the key moments of Newsom’s first chapter as California governor, including the promises made, action taken or not taken, and what could come next.
Read more »
Q&A: Gavin Newsom on his ‘mayoral mindset’ in first 100 days in officeGov. Gavin Newsom spoke to the L.A. Times about his first 100 days in office, saying voters expect him to immediately confront a multitude of pressing issues.
Read more »
Will Newsom end oil drilling in California? Many environmentalists are betting yesEnvironmental groups are urging Gov. Gavin Newsom to ban fracking and to stop issuing new state permits for oil wells in California, one of the nation’s top oil-producing and gasoline-consuming states. Newsom is looking at it.
Read more »
California probation chiefs brace for changes to the juvenile justice systemAs Gov. Gavin Newsom prepares to make a wave of changes to the juvenile detention system in California, probation officials say they were kept out of discussions, even though their departments oversee most children and teens in the system.
Read more »
Newsom plans to take on Big Pharma over prescription drugs. L.A. County wants inGov. Gavin Newsom and Los Angeles County struck a tentative deal Wednesday that would bring the two entities to the same bargaining table when negotiating prescription drug prices with manufacturers. But he offered few details on his plan, prompting little response from drug companies.
Read more »
Gas prices hit $4.70 per gallon in California as Trump says he’ll end Iran sanction waivers“The Trump administration and our allies are determined to sustain and expand the maximum economic pressure campaign against Iran to end the regime’s destabilizing activity threatening the U.S., our partners and allies, and security in the Middle East'
Read more »
How Gov. Gavin Newsom is progressing on his key policy promises for CaliforniaHere are some of the key moments of Newsom’s first chapter as California governor, including the promises made, action taken or not taken, and what could come next.
Read more »
Average US price of gas spikes 13 cents per gallon, to $2.91Get breaking national and world news, broadcast video coverage, and exclusive interviews. Find the top news online at ABC news.
Read more »
Trump gambles with gas prices as he goes after IranPresident Trump is no fan of high oil prices, knowing that pain at the gas pumps could cost him votes at the ballot box. But on Monday, Trump took a step that risks that very scenario.
Read more »
Ukrainian president-elect calls for talks with IMF on lower gas pricesUkrainian President-elect Volodymyr Zelenskiy on Wednesday called on the governm...
Read more »
The Latest: California seeks compromise on police shootingsCalifornia lawmakers working to find common ground between law enforcement groups and reformers intent on adopting first-in-the-nation standards designed to limit fatal shootings by police.
Read more »