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Blame California Environmental Polices for the Spike in Natural Gas Prices - Pacific Research Institute

Blame California Environmental Polices for the Spike in Natural Gas Prices

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A governor who has come to be perpetually angry about something or the other is demanding a federal probe into natural gas prices in California and other Western states. Gov. Gavin Newsom just has to know why prices “have risen to alarming levels.”

If he’d shuffle some of the papers on his desk or rummage through his file cabinet looking for the folder labeled “2021 executive orders,” he’d find out that “the root causes of these extraordinary prices” are coming from inside the building.

Natural gas prices more than tripled in California last month. Though forecasts are telling us relief has arrived with February, Newsom wants answers about what happened in January. In his Feb. 6 letter to the chairman of the Federal Energy Regulatory Commission, the governor asked for “immediate attention,” as “California’s residential customers are, consequentially, suffering the economic burden of extreme and unexpectedly high gas and electric utility bills.”

Click to read the full article at Times of San Diego.

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.

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