Many Californians are confused by how much more they will be paying at the pump come July 1. Starting July 1, the state excise tax for gas will increase by 2 cents, going from about 59 cents to 61 cents per gallon. That is a number politicians on both sides agree on, but the confusion is coming from the new Low Carbon Fuel Standard (LCFS) passed by the California Air Resources Board last fall and how it will impact gas prices. A University of Pennsylvania report found it would be a 65-cent increase, sparking the confusion. Senator Brian Jones created a petition against it that has garnered over 30,000 signatures and counting. In a post on X, he called out Gov. Gavin Newsom. "All Californians have to do is look at their wallet," Jones said. "Their wallets are being emptied every single week as these gas prices continue to climb."
UC Davis associate director in the Energy Futures Program, Colin Murphy, said 65 cents is the worst-case scenario. Instead, his models show it would increase by 8 or 9 cents per gallon.
"If the credit price spiked up to the ceiling, then 65 cents per gallon would be reasonable; however, there is no evidence suggesting that the credit price is going to rise anywhere near that," Murphy said
Drudge Retort Headlines
SCOTUS Gives Trump a Win on Birthright Citizenship, More (133 comments)
Feds Cut Satellite Data Crucial to Tracking Hurricanes (26 comments)
SCOTUS Upholds S.C. Ban on Planned Parenthood Funds (24 comments)
Andrew Cuomo Staying on NYC Ballot for Mayor (24 comments)
Sonia Sotomayor Puts It Clearly: None of Our Rights Are Safe (22 comments)
Trump Terminates Trade Talks with Canada (18 comments)
AI Could Become Conscious -- What If They Hate Their Lives? (16 comments)
Pete Hegseth to Fox Reporter: 'You've Been the Worst!' (13 comments)
Is DOGE Doomed to Fail? Some Experts Are Ready to Call It (13 comments)
Trump's Economy Is Coming Into Focus; It's Not Looking Good (12 comments)