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Gov. Newsom calls special session to address high gas prices
KTLA ^ | August 31, 2024 | by: Vivian Chow

Posted on 09/01/2024 6:24:31 AM PDT by Oldeconomybuyer

Governor Gavin Newsom called lawmakers into a special session Saturday to address spikes in gasoline prices.

The move follows pushback Newsom received on a request to approve a series of bills that would cut energy costs for Californians and require petroleum refiners to maintain a stable inventory.

Across the nation, Californians pay the highest rates for gas at an average of $4.64 a gallon for regular unleaded, compared to the national average of $3.33, according to AAA.

Electricity bills in the state have also nearly doubled in the last decade and are expected to keep outpacing inflation through 2027 as California races to transition away from fossil fuel.

Saturday’s move marks the second time Newsom has called a special session focused on tackling the oil industry. In 2022, he called a special session to penalize oil companies for excessive profits from gasoline price spikes.

Although the order requires the special session to begin Saturday, it’s unclear when the actual hearings will begin.

(Excerpt) Read more at ktla.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: california; californication; democrats; energy; gasoline; harris; kalifornia; kamalaharris; marxism; newscum; newsom
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To: Oldeconomybuyer

What? More taxes to help lower gas prices?


41 posted on 09/01/2024 7:13:10 AM PDT by The Louiswu (Pray for Peace in the world.)
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To: Oldeconomybuyer

They’re going to repeal their gas taxes, right? /sarc


42 posted on 09/01/2024 7:16:35 AM PDT by MortMan (Charter member of AAAAA - American Association Against Alliteration Abuse)
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To: Oldeconomybuyer

https://taxfoundation.org/data/all/state/state-gas-tax-rates-2024/

States levy taxes on fuel in a few different ways, including sales taxes, excise taxes per gallon purchased at the pump, and taxes on wholesalers or retailers, which generally get passed on to consumers via increased prices. These taxes, combined with a myriad of fees (e.g., underground storage tank fees), add to the price consumers pay at the pump.

We combine these taxes and fees to calculate the total tax rate on gas for each state. The map demonstrates the wide range of tax rates across the US.

California pumps up its gas tax the most at 68.1 cents per gallon (cpg), followed by Illinois (66.5 cpg) and Pennsylvania (58.7 cpg)


don’t think it includes federal taxes


43 posted on 09/01/2024 7:21:48 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: ridesthemiles
EXACTLY WHO WILL BUILD ANYTHING NEW ON THAT GROUND???

Don't know yet, but my guess is Catellus will be there.

IT WILL BE DECLARED HAZARDOUS.

Oh, you mean it will be a cash cow for remediation projects? Well, in the interim, yes, but that's not permanent. Richmond gets breezy and cool, but it beats San Francisco for weather. There are nice views of the Bay. The Democrats let it sink into a cesspool, making buying cheap. So it's a matter of time.

PLUS-—PEOPLE WHO ARE WILLING TO WORK ARE LEAVING CALIF-—NOT GOING THERE.

Illegals work cheap enough.

44 posted on 09/01/2024 7:23:47 AM PDT by Carry_Okie (The tree of liberty needs a rope.)
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To: Oldeconomybuyer

That aughta fix things, huh?


45 posted on 09/01/2024 7:24:13 AM PDT by blackdog ((Z28.310) Be careful what you say. Your refrigerator may be listening & reporting you.)
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To: Oldeconomybuyer

This might help explain a big part of the problem.

https://www.energy.ca.gov/data-reports/energy-almanac/californias-petroleum-market/foreign-sources-crude-oil-imports


46 posted on 09/01/2024 7:24:13 AM PDT by Dusty Road (")
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To: Oldeconomybuyer

Easy fix, Newsom needs to ban driving.


47 posted on 09/01/2024 7:26:20 AM PDT by MrBambaLaMamba (The only good commie is one that's dead - Country Joe McDonald )
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To: Oldeconomybuyer

Subsidized fuel purchases based on income. We’re already doing that with food, utilities, housing, and Healthcare.


48 posted on 09/01/2024 7:26:20 AM PDT by blackdog ((Z28.310) Be careful what you say. Your refrigerator may be listening & reporting you.)
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To: Carry_Okie

Remember back in 2018 that Ca voters approved a referendum to increase their taxes on gasoline. Being stupid causes pain.


49 posted on 09/01/2024 7:27:39 AM PDT by tflabo (Truth or tyranny)
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To: Oldeconomybuyer

He could have Kamalala address the problem:

“Well we have higher numbers at the gas pump, on those little gas price numbers indicators. When you put gas in your car, those higher numbers mean you have to take more money from your wallet. The solution is not to put so much gas in your car, and you won’t have to take so much money from your wallet, and your price goes down.”


50 posted on 09/01/2024 7:28:41 AM PDT by Rennes Templar (Come back, President Trump.)
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To: Carry_Okie

IF the dims manage to shut down those two refineries, they will have a couple of large superfund sites on their hands. Utterly useless for decades.


51 posted on 09/01/2024 7:38:56 AM PDT by Texas resident (Que Mala= Bad Juju.)
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To: Oldeconomybuyer

The California tax on a gallon of gasoline is 59.6 cents per gallon.

The people of California want this tax or they wouldn’t have elected these marxists to office.

There is only one solution for the average non marxist citizen of California and that is to MOVE. But, when you do, please don’t come to Texas. WE have enough California idiots already.


52 posted on 09/01/2024 7:43:10 AM PDT by Cen-Tejas
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To: Oldeconomybuyer
So why is he doing this now?

Do you suppose they may still jettison Heels Up Harris even at this late hour and Newscum’s been told to be ready on deck???

53 posted on 09/01/2024 7:44:50 AM PDT by rhinohunter (Elections have consequences. Stolen elections have catastrophic consequences.)
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To: SMARTY
Did he just notice a problem??

One of his aids musta spilled the beans.

Hey Gavin?
The pump prices in California are just about the highest in the nation, and
the gas taxes in California are just about the highest in the nation.


54 posted on 09/01/2024 7:45:11 AM PDT by null and void (Don't hallucinate and legislate, don't hallucinate and educate, don't hallucinate and procreate...)
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To: Oldeconomybuyer

Newsome wants to address high gas prices in California? Let me guess the democraps will lay the blame at the feet of big oil but never admit that it is their tax and regulate fiasco that makes Californians suffer. Special fuel blends, attacks on Diesel and ICE vehicles...not to mention the extra gas tax that morons passed because there wasn’t enough money to fix roads and bridges, said the socialist slime democrats while they raided the gas taxes to pay for illegals and try try to shore up the budget that is so far in the due to their malfeasance.


55 posted on 09/01/2024 7:53:47 AM PDT by Mastador1
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To: Lizavetta

Yep, the main problem he mentions, no back up when a refinery shuts down for maintenance, would not exist if California had another refinery or two to pick up the slack. And why are there no more refineries in California, hmm?

And Gavin, when those refineries operate, how close are they to the allowable air emissions, carbon and others? If they ramp up production like you suggest, will they exceed their allowable emissions limits?

And, Gavin, where will they store this excess production you demand? In above ground storage tanks? If they try to build even one new tank, it will require an environmental impact study and report. Then they will need a clean air act permit for each tank, and no telling how many other permits from different agencies. How long will all that take and how much will it cost? And how much will you help?

I think I can answer that last question, Gavin. You ain’t helping at all. ‘Cause if you would help, you would have figured this out and been helping solve the problem already.

I think you are just Californicating, Gavin. You know that term is used all over the country, right Gavin?


56 posted on 09/01/2024 7:56:47 AM PDT by Cincinnatus.45-70 (What do DemocRats enjoy more than a truckload of dead babies? Unloading them with a pitchfork!)
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To: Oldeconomybuyer

With the energy policies like that, I am actually surprised, that the prices are so cheap!


57 posted on 09/01/2024 8:02:44 AM PDT by AZJeep
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To: SMARTY

“Did he just notice a problem??”

After 6 years as governor of California, he is now turning into a Trump. Bwahahahahahaha


58 posted on 09/01/2024 8:04:31 AM PDT by Parley Baer (e)
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To: Oldeconomybuyer
Gavin....you stupid piece of shit....one word, NUCLEAR.

No, I didn't think you'd hear that....

59 posted on 09/01/2024 8:09:01 AM PDT by Victor (If an expert says it can't be done, get another expert." -David Ben-Gurion, the first Prime Minister)
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To: Oldeconomybuyer

Comically, gas prices are down significantly in my country, Kentucky. Average price is $2.90.


60 posted on 09/01/2024 8:12:21 AM PDT by cuban leaf (2024 is going to be one for the history books, like 1939. And 2025 will be more so, like 1940-1945.)
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