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New Report Blames Climate Policies for California’s High Gas Prices After Newsom Claimed It Was ‘Big Oil’

by Slay News
October 9, 2024
in Aggregated, Opinions
New Report Blames Climate Policies for California’s High Gas Prices After Newsom Claimed It Was ‘Big Oil’

A new report from the Energy Policy Research Foundation (EPRF) has concluded that California’s “climate change” policies are to blame for the state’s soaring gas prices.

The confirmation comes despite insistence from Democrat Governor Gavin Newsom that “Big Oil” was to blame for the state’s higher-than-average fuel prices.

According to the EPRF analysis by researcher Max Pyziur, California has several climate policies impacting gasoline prices that are unique to the state. AAA reported that the average gas price nationwide was around $3.17 a gallon.

In California, however, the average price is $4.67 a gallon. The study by Pyzier pointed out that gasoline formulations exceeding EPA standards account for 16 cents a gallon of added cost.

California’s Cap and Trade program, an attempt to limit greenhouse gas emissions, is another cause of the higher prices. […]

— Read More: slaynews.com






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