Posted on 05/28/2024 3:33:49 PM PDT by lowbridge
California could be a much nicer place to live if some of the progressives who run the place would stop trying their best to make everything more expensive. California has had blackouts and despite this came close to shutting down its last nuclear reactor. In 2022, Gov. Newsom finally had second thoughts on that after the Biden administration offered a boatload of money to reverse course and keep the last reactor running.
But despite moments of lucidity, the state and the governor seem determined to set the state's next energy crisis in motion. Last year the state passed a bill called SBX1-2 which was brandished by Gov. Newsom as the country's first "gas price gouging law."
Working with Senator Nancy Skinner and the Legislature to pass SBx1-2, this new law creates the Division of Petroleum Market Oversight, a dedicated state independent watchdog to root out price gouging by oil companies and authorizes the California Energy Commission (CEC) to create a penalty to hold the industry accountable. The new division will closely monitor the industry on a daily basis to identify unethical or illegal behavior, and will refer any violation of law – including industry misconduct or market manipulation – to the Attorney General for prosecution.
Threatening to fine or prosecute companies for making money is considered a great idea in Sacramento but there's every reason to think this is going to backfire on the state sooner or later. The law passed but the regulators haven't put it into effect yet. That decision will come sometime before the end of this year. Meanwhile, California's gas prices are already the highest in the country and there's a real chance this scheme will make that problem worse.
(Excerpt) Read more at hotair.com ...
Sounds like something out of Atlas Shrugged.
when I kick on the 480 Amp generator
= = =
I am not familiar with an electric generator, a 480 amp generator.
What is it? I know a gasoline or nat gas generator.
Sorry I got it backwards. 150 Amps (actually 138 to be precise, the breaker is 150) on 480 volts. It generates steam by piping water through electric heat and magnetism. Runs for an hour here or an hour there as needed.
California state government getting more and more Communist every day.
Correct,
the damned thing about it is that FedGov Will steal from all other 49 states to cover CA
-fJRoberts-
Unfortunately they are stuck with the refineries. No way Chomo Joe allows another oil refinery on US soil.
I understand that Kalifornia is the CIA’s political test state and the political class is owned and controlled by the CIA via the Getty family. The CIA also owns and controls Google.
I paid $2.58 a gallon for Regular in Charlotte, NC last week.
You expect too much.
Good luck and safe travels.
Their/they're, too/to, whom (almost always misused), and the list is nearly endless.
Sometimes, it's an otto correc thingie, howsever.
I finally figured out a way to remember.
The contraction is actually leaving out a letter. To me, that’s a more radical action than the possessive. Thus it NEEDS the ‘ to replace the missing letter.
Its ok when their writing something fer the Internuts.
I heard about that in Florida. Is it due to corruption?
5.98 for regular in Weaverville last week, 5.89 for diesel!
Welcome to Florida
Roughly $3.60/gallon (Costco) here in Western Australia. We’re famous for high petrol prices and California makes us look cheap.
Don’t count the chickens yet. I still gotta make the trip after selling my business here in CA. Once thats done, i will GLADLY accept all the warm welcomes!!!! I cannot wait to be around like minded people and to add my heavily conservative vote red florida!!!!
Stay north of Orlando
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