Red State
Grasping for relevance, California Gov. Gavin Newsom is in the midst of a bit of a temper tantrum this week with the legislature – threatening to convene a special session if they don’t pass his proposal to further regulate California’s oil and gas industry. Industry analysts say that the proposal, which would force refineries to “maintain a minimum fuel reserve to avoid supply shortages,” would lead to increased prices for drivers in California, Arizona, and Nevada.
This asinine proposal is from Newsom’s California Energy Commission (CEC), which was formed in 2023 after a Newsom called a special session in 2022 demanding that legislators “do something” to prevent alleged price gouging by Big Oil. Commission members are political appointees, but the staffers are not. And, according to political consultant Rob Stutzman, the CEC’s own staffers believe this proposal will make prices higher, not lower. More
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Soooooo… he wants to eliminate oil/natgas because only solar and wind will save the earth, but in the meantime the refiners must have EXTRA????
Here’s a better idea: Move all forms of oil out of the state, shut down all natural gas.
I invented Dippity-Doo.
The shelf life of modern gas is approx 2 months. which means the refineries will need to continue to add additives in the newly constructed fuel tank they had to just pay for. It will drive fuel prices way up. Which is what he’s after.
The oil companies should declare they will only store non-ethanol fuel.
Storage tanks and many dollars held in contents , nuisance wants someone else to finance his strategic petroleum reserves
The idiots about to sign this. If every legit voter in California does not feel betrayed there’s something seriously wrong with them.
https://www.breitbart.com/politics/2024/08/28/gavin-newsom-to-decide-after-ca-democrats-pass-150000-home-loans-for-illegal-aliens/
In the race to the bottom, Newsom is California’s secret weapon.
^^^^^^ Yes and right now he’s feeling super butt hurt because the DNC passed him over for the brain dead blow job queen. Including Aunty Nancy.
Price gouging didn’t cause the price of gas to double.
hair-gel mother****** to the rescue
Just raise the state gas tax by $20, there’ll be plenty in reserve as people can’t afford to buy any.
If this will affect prices in NEVADA & ARIZONA, how is this not affecting Interstate Commerce, which would make it a FEDERAL issue?
As I approach retirement, my only remaining family is in Redding, CA. I don’t think I can afford to move back to be near them like I want to.
I seem to recall that we had a petroleum reserve until Jackass Joe gave it away to Chyna!
Cynic
Homes in Redding are relatively cheap. probably cheaper than Southern AZ. Gas will cost you more. Utilities will cost you more. Groceries probably the same. You will save on property tax over the long haul. Which is significant. If Harris gets elected we will all be California. Besides, Lake Shasta bro. Extremely conservative area.
Duh,,, moron.