XPost: rec.food.cooking, alt.home.repair, alt.fan.rush-limbaugh   
   XPost: alt.conspiracy, alt.california   
   From: T@invalid.invalid   
      
   On 10/6/24 11:40, Mittens Romney wrote:   
   > https://justthenews.com/politics-policy/energy/gov-newsom-clai   
   s-big-oil-blame-high-gas-prices-new-report-blames-climate   
   >   
   >   
   > Article   
   > Dig Deeper   
   > California Democratic Gov. Gavin Newsom has continuously denied that the   
   > state’s policies have anything to do with sky-high gas prices the   
   > state's residents pay, arguing that it’s “Big Oil” driving up gasoline   
   > prices. But a new study shows policies have added as much as $1.91 per   
   > gallon to what Californians pay at the pump.   
   >   
   > According to AAA, Americans on Saturday were paying on average $3.177 a   
   > gallon for gasoline. Californians were paying $4.676 per gallon on   
   > average. The gap can vary. A year ago, the average national price was   
   > $3.814 per gallon, while Californians were paying $6.059 per gallon.   
   >   
   > According to the Energy Policy Research Foundation analysis by   
   > researcher Max Pyziur, California has several policies impacting   
   > gasoline prices that are entirely unique to the state.   
   >   
   > In the 1960s, California began targeting gasoline formulations, which   
   > created blend requirements exceeding those of the EPA. According to the   
   > fondation analysis, this requirement alone adds 16 cents a gallon to the   
   > price of California gas on average.   
   >   
   > The blended gasoline, called California Reformulated Gasoline Blendstock   
   > for Oxygenate Blending (CARBOB), is only available from in-state   
   > refiners. The California Energy Commission put together a report in   
   > August warning that the state’s remaining refineries will close as a   
   > result of the commission’s projected decline in demand for gasoline as a   
   > result of electric vehicle adoption, which the state is mandating.   
   >   
   > The report proposed the state purchase and operate its own refineries,   
   > but it also proposed the state develop relationships with out-of-state   
   > suppliers to ship CARBOB into the state to secure a reliable supply of   
   > California gas.   
   >   
   > The foundation report pointed to two other environmental policies   
   > driving up gas prices in California. The first is California’s Cap and   
   > Trade program, which aims to reduce greenhouse gas emissions statewide.   
   > The state caps emissions, and the caps have steadily increased since the   
   > program was first enacted in 2006. Major emitters have to obtain   
   > allowances for every ton of greenhouse gasses they emit, and companies   
   > buy and sell these allowances on a market.   
   >   
   > The second policy driving up California’s gas prices is the state's Low   
   > Carbon Fuel Standard, enacted in 2011. The standard targets the carbon   
   > intensity of transportation fuels, which includes gasoline. And like the   
   > Cap and Trade program, the standard grew more stringent over time.   
   > Combined, the two policies, according to the foundation, increased gas   
   > prices by 10 cents a gallon in 2004. By 2024, the additional cost was 52   
   > cents per gallon.   
   >   
   > On top of the policies is California’s excise tax, which was 18 cents   
   > per gallon in 2000. That increased to 58 cents per gallon in 2024.   
   >   
   > The foundation report states the premium Californians pay for their   
   > climate-friendlier gasoline prices over that of the average American was   
   > $1 during 2022 and 2023. Its peak was $1.91 per gallon on Oct. 3, 2022.   
   > This year, it has hovered around 90 cents per gallon.   
   >   
   > Newsom has responded to the state’s high gasoline prices by arguing that   
   > oil companies are bad actors and need further regulation.   
   >   
   > He set out to hold them accountable for alleged price gouging with an   
   > anti-price gouging law. He also proposed a law that would require   
   > refineries to store a certain amount of product to stave off any price   
   > spikes resulting from drops in supply. The California legislature has   
   > been reluctant to rapidly pass the bill, and the governors of Arizona   
   > and Nevada signed a letter warning California the law would result in   
   > supply shortages and increased gasoline prices.   
   >   
   > Refineries and oil and companies have responded to the state's   
   > regulations by doing less business in the state. The number of   
   > refineries went from 43 in 1982 to just 14 this year. Chevron announced   
   > in August it was moving its headquarters to Houston from San Ramon,   
   > California.   
      
      
   This is widely known.   
      
   The big question is why do Californians constantly vote   
   these folks back in office.  They must have a death wish.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)