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The cheapest way to lower gas prices is to allow oil companies to increase crude oil production in California and rely less on supply from overseas, Reheis-Boyd said.
Today a gallon of gasoline in California today costs $4.61 on average, just over 10 cents lower than the last month and more than 50 cents lower than last year, according to the latest prices from ...
Gov. Gavin Newsom, joined by legislators and community leaders, talks to the media after signing a bill intended to prevent gas price spikes at the state Capitol on Monday.
The Nickel Project was designed to generate $3.9 billion over a ten-year period to finance 158 transportation projects across Washington. The funding was sourced through: Gas Tax Increase — A 5-cent per gallon increase in the state gasoline tax. Heavy Truck Fees — A 15% increase in gross weight fees for heavy trucks.
The call came Saturday on the last day of the 2023-24 legislative session.
Newsom calls on lawmakers to slap a windfall tax on oil companies.
Newsom's $11-billion proposal is designed to offset the rising prices consumers are paying at the pump and also includes savings for those who rely on public transportation.
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