Major oil group drops truth bomb on Gavin Newsom about gas prices
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Major oil group drops truth bomb on Gavin Newsom about gas prices
"Since Jan 2025, Californians have shelled out an estimated $24-30 billion extra on gasoline since compared to the U.S. average. Average premium: $1.30-$2.00/gal (taxes + regs + supply issues). Per driver: $600-$900+ more in just 15 months."
"California residents pay the most for gas in the nation. Saturday's average gas price hit $5.91 a gallon, according to AAA, $1.20 per gallon higher than the average price a month ago."
"The increased gas costs largely come from the Iran war's effect on global oil prices, but California's climate policies, and higher-than-average taxes also contribute to the high cost."
California residents face the highest gas prices in the nation, with an average of $5.91 per gallon. Factors contributing to this include the Iran war's impact on global oil prices, state climate policies, and elevated taxes. Since January 2025, Californians have incurred an estimated $24-30 billion in additional gasoline costs compared to the U.S. average. The US Oil & Gas Association criticized Governor Gavin Newsom for blaming the Trump administration, emphasizing the financial burden on drivers and the role of state regulations.
Read at California Post
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