It’s become routine. A problem, either real or imagined, arises, and California policymakers rush in to fix it with their legislative repair kit. Yet their solutions make the problem worse, create new issues, or both.
That California has painfully high retail gasoline prices is not in dispute. They are in fact the highest in the country, almost $1.50 higher per gallon than the national average. Of course that’s old news — California gas prices have exceeded the national average for decades.
But this time, our political leaders are telling us they’re going to do something about it. “Trust us,” they say, “we know what we’re doing.”