Gas prices hit $6.29 in California

BabyBoomer50s

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Can’t blame Biden for that. CA gas prices are about $2.50 higher than the national average. The Governor and state legislature get full credit for the premium. Congrats Californians! 😂👏😂
 
Can’t blame Biden for that. CA gas prices are about $2.50 higher than the national average. The Governor and state legislature get full credit for the premium. Congrats Californians!

Governor Newsom Calls for a Windfall Tax to Put Record Oil Profits Back in Californians’ Pockets
Published: Sep 30, 2022

SACRAMENTO – As Californians see renewed spikes in gas prices, Governor Gavin Newsom today called for a windfall tax on oil companies that would go
directly back to California taxpayers.

While crude oil prices are down, oil companies have increased gas prices in California by a record 84 cents per gallon in just the last 10 days.
At the end of August, crude oil prices were roughly $100 per barrel, and the average gas price in California was $5.06; now, even though the price
of oil has decreased to $85 per barrel, the average gas price at the pump has surged to $6.29.

Meanwhile, oil companies have raked in unprecedented profits on the backs of hard-working Californians – nearly $100 billion in the last three months alone.

Oil companies have failed to provide an explanation for the unprecedented divergence between prices in California compared to the national average.
Poor boomerror.
 
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Can’t blame Biden for that. CA gas prices are about $2.50 higher than the national average. The Governor and state legislature get full credit for the premium. Congrats Californians! 😂👏😂
Would not the difference be greater since most states are under $3.00?
 
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