It always cracks me up when politicians legislate like socialists, and then wonder why their plans have these unintended consequences. Then they react by making more bad regulations, and you get this downward, non-sustainable spiral.
There will come a day of reckoning.
As lieutenant governor, Gavin Newsom supported a 2017 bill increasing the state’s gas taxes.When running for governor in 2018, he opposed a ballot initiative that would have repealed that same increase, reported Reason. But like all politicians, Newsom is unwilling to admit that he and his comrades in the California government have caused the problem. So begins the finger-pointing. The governor sent a letter to the California Energy Commission (CEC) on Tuesday demanding that the state agency “investigate” California’s roughly $4.03 per gallon gas prices, which are currently the highest in the country. Those prices are also well above the national average of $2.86 per gallon.
“Independent analysis suggests that an unaccounted-for price differential exists in California’s gas prices and that this price differential may stem in part from inappropriate industry practices,” wrote Newsom in his letter to the CEC.
“These are all important reasons for the Commission to help shed light on what’s going on in our gasoline market.”