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Gas prices may jump from California emissions law
Associated Press ^ | Mar 9, 2014 11:40 AM EDT | Jason Dearen and Don Thompson

Posted on 03/09/2014 5:40:24 PM PDT by Olog-hai

California’s greenhouse gas reduction law already has shaken up the state’s industrial sector, costing it more than $1.5 billion in pollution permit fees.

It’s now poised to hit the pocketbooks of everyday Californians.

Starting next year, the law will force fuel distributors into the same cap-and-trade marketplace as utilities and major manufacturers. The oil industry says it will lead to price increases of at least 12 cents a gallon immediately, while state regulators say any price spikes could vary widely, from barely noticeable to double-digits. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Government; News/Current Events; US: California
KEYWORDS: capandtrade; climatechangehoax; energy; gasoline; globalwarminghoax; lofan
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1 posted on 03/09/2014 5:40:24 PM PDT by Olog-hai
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To: Olog-hai

Well, yeah, some SOB said that energy prices would “necessarily skyrocket ...”


2 posted on 03/09/2014 5:44:19 PM PDT by Fast Moving Angel (It is no more than a dream remembered, a Civilization gone with the wind.)
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To: Olog-hai

Can hardly wait to see what it’ll go up to, it was 3.97 with my fill up Thursday night.


3 posted on 03/09/2014 5:44:22 PM PDT by porter_knorr
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To: Olog-hai

” while state regulators say any price spikes could vary widely, from barely noticeable to double-digits....”

And when this comes to pass, who are you going to believe .... your lying eyes or the state regulators?


4 posted on 03/09/2014 5:44:42 PM PDT by RetiredTexasVet (WWP and Paralyed Veterans Assoc. doing the work the U.S. Veterans Administration won't do!)
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To: Olog-hai

Just do it....for the children.....


5 posted on 03/09/2014 5:45:10 PM PDT by nascarnation (I'm hiring Jack Palladino to investigate Baraq's golf scores.)
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To: Olog-hai

You know it always amuses me when the fruits and nuts that run California shoot themselves in both feet by passing laws such as this, and then turn around and whine about it.


6 posted on 03/09/2014 5:50:44 PM PDT by The Sons of Liberty (Who but a TYRANT shoves down another man's throat what he has exempted himself from?)
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To: Olog-hai

California—such a place of beauty—has now turned into an insane asylum.

Thanks to Marxist Democrats.


7 posted on 03/09/2014 5:52:26 PM PDT by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
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To: Olog-hai

The California Legislature is bound and determined to turn their state into a “Gost State.”


8 posted on 03/09/2014 5:54:34 PM PDT by c-b 1 (Reporting from behind enemy lines, in occupied AZTLAN.)
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To: RetiredTexasVet

I would hate to live in Californa and automatically assumed to be a liberal idiot...: )


9 posted on 03/09/2014 6:00:28 PM PDT by jsanders2001
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To: Olog-hai

Those that voted for CARB can only blame themselves. Dickheads!


10 posted on 03/09/2014 6:01:49 PM PDT by Huskrrrr
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To: Olog-hai

“About two-thirds of the estimated $3.6 billion raised by Steinberg’s carbon tax would go back to households earning less than $75,000 a year in the form of a state-level Earned Income Tax Credit. The rest would go toward mass transit programs”

So, the money goes for buying Democrat votes at the grass roots level and for buying more trains to nowhere at the crony capitalist level, thereby supply am apply supply of campaign “contributions” for Democrats. But curiously, not a penny would benefit the folks who actually buy the damn gas in terms of improved highways. Makes sense to me. That is if you are a Kalifornia DemoKommie apparatchik.


11 posted on 03/09/2014 6:06:04 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: porter_knorr
Can hardly wait to see what it’ll go up to, it was 3.97 with my fill up Thursday night.

I paid $3.89 at an ARCO two days ago that only accepted cash or debit cards and charged a fee for accepting the debit card. I paid $4.02 for credit at another station as long as a month ago.

12 posted on 03/09/2014 6:18:41 PM PDT by luvbach1 (We are finished)
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To: Fast Moving Angel

Take away our jobs, destroy our health insurance, make us submit our lives to government edicts as to whether or not our doctors can treat us, destroy our credibility in the world, raise the cost of everything, severely restrict our freedom of speech and religion, allow thugs to run rampant and try to remove our ability to defend ourselves, sic the IRS on those who don’t like all this, call those who are facing cancer death due to his new law liars on national TV.....and on and on and on.....

He has to be a Muslim - who else could go on living such a huge lie and not show a hint of caring. And we know he doesn’t care because his policies only change to protect his co-conspirators.


13 posted on 03/09/2014 6:31:46 PM PDT by Aria ( 2008 & 2012 weren't elections - they were coup d'etats.)
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To: Fast Moving Angel

every time the price of gasoline goes up, ding ding, Obama smiles.


14 posted on 03/09/2014 6:38:07 PM PDT by hadaclueonce (Because Brawndo's got electrolytes. Because Ethanol has Big Corn Lobby)
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To: All

When GWB was President, we saw nightly stories on the local news about the rising price of gas and how people said they have to choose between gas for their car to go to work and eating, even though the cost was much lower than it is now.

But since Obama has been in office, the media has been mute.

And the higher cost of fuel will have a ripple effect and raise the cost of everything else.


15 posted on 03/09/2014 7:08:19 PM PDT by Rodney Dangerfield ("It's not a good time for me right now" -- http://therealwendy.com/)
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To: Olog-hai
Just gets better and better, doesn't it?

FMCDH(BITS)

16 posted on 03/09/2014 7:20:27 PM PDT by nothingnew (I fear for my Republic due to marxist influence in our government. Open eyes/see)
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To: Olog-hai

Great it is $3.95 now so I guess it will be over $4.00. Good thing my husband was laid off so now he doesn’t drive to work
anymore so now we are liberated from paying high gas prices.


17 posted on 03/09/2014 7:24:52 PM PDT by funfan
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To: luvbach1

I probably could have saved a couple of cents if I’d gone to Arco, it’s well over 4.10 *in* Laguna Beach, but in San Clemente, we’re still just a little under 4. We’ll see Tuesday what it is when I have to do it again.


18 posted on 03/09/2014 7:42:54 PM PDT by porter_knorr
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To: Olog-hai

i jist love how they say “may”.....like they may not.

can’t take them seriously.


19 posted on 03/09/2014 8:43:14 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: funfan

Would that be the new vapor lock? (i.e. following “job lock”)


20 posted on 03/09/2014 9:05:43 PM PDT by Olog-hai
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