A few days ago, ABC7 posted the following on Facebook:
Gov. Gavin Newsom is demanding to know why California's gas prices are so much higher than the prices in other states.
The governor has tasked the attorney general with investigating why California drivers are paying as much as $1 more per gallon. Is it price gouging? Or something else? https://abc7.la/33OfIUf
For anyone who either lives (or lived) in California in recent years knows the answer. It is the one-party state government (i.e., Democrats) that over-regulated and over-taxed gasoline and oil in the state. Newsom should take a look in the mirror for his answer.
Now comes a new kicker, and this is from RV Travel:
Hold onto your wallets—California’s gas prices are on track to hit a jaw-dropping $8.44 per gallon by the end of 2026, and experts warn the financial aftershocks could slam Western states too. With two major refineries set to close and a tangle of new state regulations driving up costs, the Golden State’s gas crisis isn’t just a local headache—it’s shaping up to be a regional economic earthquake. The specter of $8 gasoline is enough to make a trip back East look downright inexpensive.
Now nearly $5… $8 gasoline could happen
The highest gas prices in the country are out West. California hits the top of the gauge with an average price per gallon of $4.78 as of Tuesday, May 6. But a new analysis says you ain’t seen nothin’ yet. With the shutdown of two of the state’s refineries in the offing, the findings point to the possibility of pump prices hitting $8.44 by the end of next year. But state lines won’t stop the pump pain—neighbors Nevada and Arizona may feel the big bite, too.
A study released by the University of Southern California took a look at the Golden State’s history of gas prices, its supply of oil, and the capacity of state refineries. It factored in the potential impact of closing two refineries (representing 20% of the state’s refining capacity), and took in the cost of fees and regulations. In the end, this study says $8 gasoline is likely.
Every time I see stories like the above, I have to thank my lucky stars that I moved out of Commiefornia just in the nick of time before Newsom took over. I've been living in New Mexico, where gasoline is under $3.00/gallon, for seven years. No regrets!
No wonder people are leaving the state.
To read more, go here.