History suggests the new rule will eventually creep beyond California’s state line. That means that the rest of the country needs to be ready for a future tire market that’s distorted by higher prices and greater scarcity.
California drivers already pay some of the nation’s highest prices for gasoline, electricity and car ownership. Now, Sacramento is giving us something else to worry about: How much we’ll pay for our next set of tires.
Regulators at the state Energy Commission just approved the nation’s first “efficiency standard” for replacement tires sold for passenger vehicles and light-duty trucks in California. Gov. Gavin Newsom’s social media team celebrated the new mandate with their usual restraint, declaring: “MAGA HATES TO SEE IT.”
But it’s Californians who will hate seeing the prices for the tires they’ll be required to buy when the new regulation is fully enforced.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
Apparently, California regulators think tires don’t cost enough
Kerry Jackson
History suggests the new rule will eventually creep beyond California’s state line. That means that the rest of the country needs to be ready for a future tire market that’s distorted by higher prices and greater scarcity.
California drivers already pay some of the nation’s highest prices for gasoline, electricity and car ownership. Now, Sacramento is giving us something else to worry about: How much we’ll pay for our next set of tires.
Regulators at the state Energy Commission just approved the nation’s first “efficiency standard” for replacement tires sold for passenger vehicles and light-duty trucks in California. Gov. Gavin Newsom’s social media team celebrated the new mandate with their usual restraint, declaring: “MAGA HATES TO SEE IT.”
But it’s Californians who will hate seeing the prices for the tires they’ll be required to buy when the new regulation is fully enforced.
Read the entire op-ed here.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.