Walters: California gas prices to rise with transition off carbon fuels
https://www.siliconvalley.com/2024/11/02/walters-californias-gas-prices-rise-carbon-fuels/
California motorists buy and consume a billion gallons of gasoline each month and are very sensitive about pump prices, which are markedly higher than those in other states. Naturally, they are a political football.
Gov. Gavin Newsom has repeatedly characterized refiners as price gougers, even though most of the differences are caused by taxes, fees and regulatory mandates. Recently, he persuaded the Legislature to pass a watered-down version of his proposal requiring refiners to maintain higher reserves to avoid price spikes.