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California Has Become a Billboard Advertisement for Trump Amid Rising Gas Prices
Townhall.com ^ | 22 May A.D. 2024 | Sarah Arnold

Posted on 05/22/2024 7:29:42 PM PDT by lightman

Californians pay more at the gas pump than residents of any other state in the United States despite Gov. Gavin Newsom’s (D-CA) so-called “plan” to crack down on windfall oil profits.

“Is Gavin Newsom trying to help Donald Trump?” Is Wall Street Journal’s Allysia Finley question, citing his plan to raise fuel prices in Nevada and Arizona just before the November presidential election.

Nevada and Arizona’s gas prices heavily reflect those in California due to them being significantly reliant (90 and 50 percent) on California for their fuel supply.

According to recent reports, the California Energy Commission is looking to implement a new tax on refinery gross margins which would result in higher costs at the pump and affect prices in bordering states.

The governor’s initiatives would likely not sit well with former California residents who fled that state for more conservative policies and lower taxes.

The average gallon of gas in California costs $5.21 a gallon, while in Arizona it is $3.90. In Nevada, a gallon of fuel costs $4.38. These states’ prices tend to rise simultaneously with California.

Mr. Newsom is escalating his war on the industry. The California Energy Commission is planning to impose a tax on refineries’ “gross margins”—i.e., the difference between wholesale gasoline and crude prices plus certain regulatory costs. The gross margin notably doesn’t include refiners’ operating costs, which include employee pay. California has become a billboard advertisement for Mr. Trump, from its rampant vagrancy to unemployment, taxes, energy costs, and housing prices that are the highest in the nation. To top it off, the state also has a ballooning budget deficit.

Hundreds of thousands of affluent and working-class Californians have moved to Arizona and Nevada in recent years to escape left-wing policies and their consequences. Now Mr. Newsom is exporting the costs to them and folks in other states. Welcome to Hotel California: You can check out but never truly leave. Via the Wall Street Journal.

Last year, Newsom introduced legislation that would allow California’s energy commission to impose a “penalty” on refiner gross margins exceeding a to-be-determined cap. As a result, refiners in the state lost between 10 and 38 cents on gallons they produced from October 2023 to February 2024. Meanwhile, the gross margins were between 56 to 79 cents a gallon.

At the same time, Newsom faces a $45 billion budget deficit, which went from a $100 billion surplus to a $28 billion deficit in just two years.

The governor recently announced that the state’s budget deficit is $7 billion worse than he initially proposed, totaling nearly $74 billion.


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections; US: California; US: Nevada
KEYWORDS: california; californication; gasprices; newscum; newsom; trump
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But...didn't the $20.00/hr minimum wage fix everything?

/s

1 posted on 05/22/2024 7:29:42 PM PDT by lightman
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To: lightman

Newsom is like a case of herpes.


2 posted on 05/22/2024 7:32:29 PM PDT by hillarys cankles
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To: lightman

Sadly, most of our gas in NevaDUH is transported from calistan.


3 posted on 05/22/2024 7:34:50 PM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
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To: lightman

Just yesterday, I filled up my 2014 Ford Expedition on the San Fran Peninsula. The trip computer said I was down to my last 2 mlles of fuel, so I was almost on fumes. I set a personal best of just shy of $150 to fill it up!!

Thank goodness I don’t drive much in retirement.

Things are bound to get better with CA shutting down oil exploration and recovery and Biden shutting down all fossil fuels. Right?


4 posted on 05/22/2024 7:37:54 PM PDT by ProtectOurFreedom (“When exposing a crime is treated like a crime, you are being ruled by criminals” – Edward Snowden)
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To: lightman

I hate these stories. I am driving there in July and right now I am enjoying gas at around 3.54 and less.


5 posted on 05/22/2024 7:39:10 PM PDT by mfish13 (Elections have Consequences.)
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To: lightman

Idiot Inslee has in fascist manner ordered that WA will mirror whatever stupid CA does, what an @sshole !


6 posted on 05/22/2024 7:49:55 PM PDT by A strike (There is no tyranny that cannot be justified by 'climate change')
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To: lightman
"California Has Become a Billboard Advertisement for Trump Amid Rising Gas Prices"

.... Heck ..... Every good Liberal "Knows" that high gas prices ..... As well as All rising prices are always a result of nothing more than "Corporate Greed."

.

7 posted on 05/22/2024 7:50:13 PM PDT by R_Kangel ("A nation of sheep will beget a nation ruled by wolves")
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To: lightman

I saw something about Byedone and lowering gas prices for the tourist season.
Hu-huh


8 posted on 05/22/2024 8:08:07 PM PDT by TribalPrincess2U (Bye done!)
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To: All
Nevada and Arizona’s gas prices heavily reflect those in California

Remind me again. Who won NV and AZ in 2020?
9 posted on 05/22/2024 8:13:07 PM PDT by mmichaels1970
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To: lightman

Weird, $3.29 in western Colorado. Diesel $3.80


10 posted on 05/22/2024 8:29:18 PM PDT by SaxxonWoods (Are you ready for Black Lives MAGA? It's coming.)
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To: lightman

Torrance, Ca. Costco was $4.89 on Saturday, fwiw.


11 posted on 05/22/2024 8:42:41 PM PDT by broken_clock (Go Trump! Still praying.)
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To: lightman

Saw a news feed from San Diego yesterday; average price of gas in SD County, $5.37. Regular here locally in MO is $3.09.

My mom, who lived in SD county wondered how that was possible since there used to be oil wells all over SoCal and she never saw a one when she visited me in MO.


12 posted on 05/22/2024 8:59:54 PM PDT by hanamizu ( )
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To: null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; bitt; ...

p


13 posted on 05/22/2024 9:35:19 PM PDT by bitt (<img src=' 'width=30%>)
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To: lightman
[California Has Become a Billboard Advertisement for Trump Amid Rising Gas Prices]








14 posted on 05/22/2024 9:36:24 PM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: lightman
"California Has Become a Billboard Advertisement for Trump Amid Rising Gas Prices"


15 posted on 05/22/2024 10:07:26 PM PDT by clearcarbon (Fraudulent elections have consequences.)
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To: clearcarbon
California Has Become a Billboard Advertisement for Trump

Really?

Then why just ONE so far in this thread?

16 posted on 05/23/2024 4:27:12 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: SaveFerris

I bought some with Trump pointing up and saying “I’ll fix that”

I drive a lot so I get to use them often.


17 posted on 05/23/2024 5:06:30 AM PDT by cyclotic (Don’t be part of the problem. Be the entire problem)
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To: cyclotic

Haha! Awesome!


18 posted on 05/23/2024 5:19:46 AM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: hanamizu; All

Saw a news feed from San Diego yesterday; average price of gas in SD County, $5.37.


A bit on the high side....Costco in San Diego has regular for $4.55.

https://www.gasbuddy.com/station/37496


19 posted on 05/23/2024 5:20:37 AM PDT by Drago
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To: R_Kangel

California Trump Voters are slaves, tax slaves


20 posted on 05/23/2024 5:24:45 AM PDT by bert ( (KE. NP. +12) Hamascide is required in totality)
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