Sign Of The Times?
This is in Lafayette…
Looks like we’re off to find that station in Iowa where gas is a mere $1.89 per gallon.
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I’m just a stranger in a strange land — and it’s leaving me farther and farther behind every day.
Only the best people making the best decisions.
Californians pay about 90 cents per gallon in federal, state, and local taxes (the highest in the nation). There are other reasons, as CA requires a special blend. We are also now importing oil as Californians prefer not to take advantage of the fact that they are quite capable of harvesting it for themselves. Plus, the refineries are being regulated out of business. The next time you see a Democratic voter, you better thank them (apologies to Ms Harris).
I guess crude oil over $90 and near a 52-week high has nothing to do with it?
I am addressing long time policies, not the events of the past weeks.
52 weeks is known as a βyearβ in some circles. As for the other impacts on gas price, seems like CA voters like the infrastructure and clean air/water to which they contribute. For which I thank them, as you note.
Price of oil remains central.
An increasing number of Californians are completely unaffected by the price of gasoline and fossil fuels overall, and that trend will continue. Every car owner can choose where they fit on that timeline.
Postponing a trip to the gas station for as long as we can.
Brace yourselves.
Hoping we come to our senses soon. This isn’t where we need to be.
You ain’t seen nothing yet!!!
California’s cap and trade acts as a tax at the refining level, hidden from consumers. It’s an increasing fraction of the wedge between CA prices and national prices.
The special blend requirements narrow the gap between premium and regular price. In California, we see about a 5% difference. In other states it’s closer to 30% difference. It’s as if all gasoline is premium or near-premium in California. Not that I mind if it’s indeed necessary to achieve the clean air that we have enjoyed here for at least the last 30 years.
Keeps going up!!!!!