Gavin Newsom has said oil companies are price gouging.
There are reasons why California gas tends to be around dollar more than the national average per gallon.
I saw a breakdown once of the reasoning. I don’t have it in front of me right now. But as I recall , among those were, California state gas tax is 68 cents per gallon. That’s about forty cents higher than the national average among the states.
Then California charges sales tax on gasoline. It’s at a lower rate than the regular retail sales tax rate, but even so, that adds about a dime per gallon.
Also, California levies an extra tax, which is supposed to help fight climate change. That tax is about 25 cents a gallon.
California requires special blends of gasoline, winter and summer blends, which are supposed to produce less air pollution. These additional costs can add ten or twenty cents of per gallon to the cost of gasoline.
Add it all up, and there are reasons why California gasoline is a good bit more expensive than other states.
But Gavin Newsom has said oil companies are price gouging.
Call it what is - California is charging a $0.25 per gallon indulgence for the Church of Climate Change. That’s exactly what “carbon offsets” are - indulgences.
Yes, we’re oh so sophisticated in this modern age.
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