Gas tax
Read latest on state's misguided transportation priorities
‘Induced demand’ a poor excuse not to build highways
Economists are known for different worldviews from others, and the gap usually is wide between economists and urban planners. Economist Thomas Sowell famously has said, “There are no solutions, only tradeoffs,” thinking that most planners reject out of hand. One contentious issue separating economists (or at least those that believe …
Read about new plan to raise gas prices
Californians – Not Big Oil – Lose Under Newsom Excess Profits Tax
Thanks to the Governor’s actions, Californians lost good paying jobs. Facing the risk that they may have to pay an excess profits tax (whatever excess profits are), the energy industry now has even fewer reasons to invest in the state and even more reasons to relocate its current activities away …
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 …
Read latest on state's misguided transportation priorities
‘Induced demand’ a poor excuse not to build highways
Economists are known for different worldviews from others, and the gap usually is wide between economists and urban planners. Economist Thomas Sowell famously has said, “There are no solutions, only tradeoffs,” thinking that most planners reject out of hand. One contentious issue separating economists (or at least those that believe …
Read about new plan to raise gas prices
Californians – Not Big Oil – Lose Under Newsom Excess Profits Tax
Thanks to the Governor’s actions, Californians lost good paying jobs. Facing the risk that they may have to pay an excess profits tax (whatever excess profits are), the energy industry now has even fewer reasons to invest in the state and even more reasons to relocate its current activities away …
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 …