Gas tax
California’s high gas prices go on trial
The California Senate’s first hearing on gasoline prices was held Wednesday and his plan “was met with a dose of skepticism” according to Politico. Senate Energy, Utilities and Communications Committee chairman Sen. Steve Bradford told the committee that “we must ensure our actions that we take first (do) no harm to consumers.” …
A Most Wearisome Task
The average price of a gallon of regular unleaded in California was $4.60 on Dec. 9. The week before it was $4.86, and a month earlier, it was $5.45. The current price, roughly the same as a year ago, when it was $4.68, is likely to fall even lower. Yes, …
Another Government Program Won’t Ease The Burden Of High Gas Prices
Further confirmation that California is on the wrong side of the rabbit hole came on the last day of September, when Gov. Gavin Newsom called for a new tax on oil companies in response to the high cost of gasoline. “Oil companies are ripping you off,” he tweeted. “Their record …
The California Climate Quandary
Actually, there’s no predicament at all. One of these concerns is truly alarming, the other not worth worrying about at all. OC voters, in fact voters over the entire state, need not be concerned with the climate. There is no crisis now nor on the horizon. Fuel prices, however, …
California’s Green Agenda, Not Price Gouging, Is Driving Up Gas Prices
On June 23, California had the country’s highest gasoline prices, $6.36 a gallon, according to AAA. So legislators are opening an investigation to find the villains responsible. Here’s a hint that will help them in their search: There’s no need to look far for the scoundrels because they are inside the …
Despite Sunday Late Night Tax Rebate Deal, Gas Tax Still Going Up
Gov. Gavin Newsom and the Legislature’s Democratic leaders announced Sunday that they had finally reached agreement on a tax rebate plan. How to give Californians relief from high gas prices and rising inflation had been a key sticking point holding up the budget’s enactment. The unusual release of the plan …
Fighting Inflation – Is the Fed “Bluffing?”
“The way to crush the bourgeoisie,” said Lenin, “is to grind them between the millstones of taxation and inflation.” So, it would have put a crocodile smile on Lenin’s face to learn that May’s inflation data showed that Americans’ wallets were worn down even further. The year-over-year inflation rate came …
No Investigation Needed – Government Energy Policy Fuels Record-High Gas Prices
Angry drivers paying record gas prices this year – surpassing $7 per gallon in parts of California – are demanding action from elected officials to lower gas prices. Surprisingly, Sacramento Democrats have hung onto this scorching hot political potato for months. Democrat legislative leaders have rejected pleas from Republicans and …
Wayne Winegarden Warns of the Consequences of Gas Tax Holidays and Gas Rebates in Newsweek
Wayne Winegarden, PRI fellow for Business & Economics, warns of the consequences of gas tax holidays and gas rebates in Newsweek: Wayne Winegarden, a senior fellow at the Pacific Research Institute, echoed that if the Federal Reserve does not accommodate additional spending of gas rebate cards, the measure would “put …
Lawmakers Pass a Budget Bill, But No Deal Yet on Gas Price Relief
On Monday, Senate and Assembly Democrats passed their version of the 2022-23 state budget. While patting themselves on the back for adopting “a budget that puts California’s wealth to work for individuals, families, and businesses throughout our state,” there was one thing missing from their announcement – the support of …
California’s high gas prices go on trial
The California Senate’s first hearing on gasoline prices was held Wednesday and his plan “was met with a dose of skepticism” according to Politico. Senate Energy, Utilities and Communications Committee chairman Sen. Steve Bradford told the committee that “we must ensure our actions that we take first (do) no harm to consumers.” …
A Most Wearisome Task
The average price of a gallon of regular unleaded in California was $4.60 on Dec. 9. The week before it was $4.86, and a month earlier, it was $5.45. The current price, roughly the same as a year ago, when it was $4.68, is likely to fall even lower. Yes, …
Another Government Program Won’t Ease The Burden Of High Gas Prices
Further confirmation that California is on the wrong side of the rabbit hole came on the last day of September, when Gov. Gavin Newsom called for a new tax on oil companies in response to the high cost of gasoline. “Oil companies are ripping you off,” he tweeted. “Their record …
The California Climate Quandary
Actually, there’s no predicament at all. One of these concerns is truly alarming, the other not worth worrying about at all. OC voters, in fact voters over the entire state, need not be concerned with the climate. There is no crisis now nor on the horizon. Fuel prices, however, …
California’s Green Agenda, Not Price Gouging, Is Driving Up Gas Prices
On June 23, California had the country’s highest gasoline prices, $6.36 a gallon, according to AAA. So legislators are opening an investigation to find the villains responsible. Here’s a hint that will help them in their search: There’s no need to look far for the scoundrels because they are inside the …
Despite Sunday Late Night Tax Rebate Deal, Gas Tax Still Going Up
Gov. Gavin Newsom and the Legislature’s Democratic leaders announced Sunday that they had finally reached agreement on a tax rebate plan. How to give Californians relief from high gas prices and rising inflation had been a key sticking point holding up the budget’s enactment. The unusual release of the plan …
Fighting Inflation – Is the Fed “Bluffing?”
“The way to crush the bourgeoisie,” said Lenin, “is to grind them between the millstones of taxation and inflation.” So, it would have put a crocodile smile on Lenin’s face to learn that May’s inflation data showed that Americans’ wallets were worn down even further. The year-over-year inflation rate came …
No Investigation Needed – Government Energy Policy Fuels Record-High Gas Prices
Angry drivers paying record gas prices this year – surpassing $7 per gallon in parts of California – are demanding action from elected officials to lower gas prices. Surprisingly, Sacramento Democrats have hung onto this scorching hot political potato for months. Democrat legislative leaders have rejected pleas from Republicans and …
Wayne Winegarden Warns of the Consequences of Gas Tax Holidays and Gas Rebates in Newsweek
Wayne Winegarden, PRI fellow for Business & Economics, warns of the consequences of gas tax holidays and gas rebates in Newsweek: Wayne Winegarden, a senior fellow at the Pacific Research Institute, echoed that if the Federal Reserve does not accommodate additional spending of gas rebate cards, the measure would “put …
Lawmakers Pass a Budget Bill, But No Deal Yet on Gas Price Relief
On Monday, Senate and Assembly Democrats passed their version of the 2022-23 state budget. While patting themselves on the back for adopting “a budget that puts California’s wealth to work for individuals, families, and businesses throughout our state,” there was one thing missing from their announcement – the support of …
