California Senate Republicans aimed to lower gasoline prices by halting new environmental regulations, but their key Senate Bill 2 was effectively rejected by the Democrat-controlled Senate Environmental Quality Committee. The bill intended to reverse stricter carbon-intensity limitations set by state air quality regulators, which are projected to raise gas prices even higher in California. Currently, California's gas prices average $4.65 per gallon, significantly above the national average of $3.10. Given the lack of support, the bill's progress is highly unlikely without a significant change in committee sentiment.
"Senate Republicans' efforts to cut gas prices by reversing environmental regulations have been halted in the Democrat-controlled legislature, with significant implications for California's gas market."
"The Senate Environmental Quality Committee's decision to reject Senate Bill 2 underscores the challenges ahead for Republicans seeking to cut gas prices while balancing environmental concerns."
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