SBX1-2 passes out of the California Senate… but won’t get Californians their money back.
As Californians endured staggering prices at the gas pump during the summer and fall of 2022—in excess of $2 higher per gallon than the national average—Governor Newsom accused oil companies of “rank price gouging” and vowed to put money back in Californians’ pockets. He announced a special session of the California Legislature to address the …CONTINUE READING
Two recent interesting and potentially related articles in the LA Times suggest an encouraging trend. California drivers are consuming less gasoline, a trend that began in 2006. And U.S. car buyers may begin to look more like European consumers, buying smaller, more fuel efficient cars and keeping those cars longer. As the Times reports in …CONTINUE READING