After the latest spike in gas prices, Gov. Newsom took to Twitter and convened events claiming that the prices were high because of greedy gas companies and threatened a tax on “windfall profits”. He didn’t get around to explaining why the gas companies are so much greedier in California than anything else. In an extraordinary move, the Los Angeles Times rounds up reactions and they’re all tired of Newsom’s lies. These aren’t even coming from the ‘man on the street’, but from establishment types including experts and environmentalists.
“California officials have had repeated warnings over the last two decades that the state’s unique blend of gasoline is susceptible to supply shortages and sharp price spikes,” is how it begins.
What that means is that California’s ‘clean’ fuel is more expensive, harder to come by and the supply chain is more prone to break down. California’s huge marketplace enables the Democrat supermajority to think it can set policy for the country and occasionally the world.
It’s a huge market, but there are limitations.
“Do I have the new infrastructure fast enough before I retire the old infrastructure, and what happens if you’re in the middle?” said Amy Myers Jaffe, the managing director of Tufts University Climate Policy Lab and a former executive director for energy and sustainability at UC Davis.
“The way we’re doing it now is you just let the fuel costs go up and then we leave poor people with no ability to get anywhere… . And then [California leaders] grandstand against the oil companies — that’s not a solution.”
Who needs actual solutions when you can just blame oil companies and try to Cloward-Piven your way out of it? The solutions proposed, like mandatory supply, would raise prices overall while reducing fluctuations. It’s not an actual solution, just a way to get people to accept a horrible new normal.
Other solutions are more woke nonsense like dense urbanization and public transit. And the actual solutions are off the table.
Andrew Lipow, president of consulting firm Lipow Oil Associates, agreed that a gas reserve such as the U.S. has for crude oil could help, but he said another way to reduce costs would be to relax some of California’s strict regulations on fuel during emergency times, though that comes with environmental trade-offs.
Other ideas, such as building more refineries or a new pipeline to California, stand in sharp contrast with the state’s goals to move away from fossil fuels and related infrastructure.
And that’s why gas prices are high. Unless you want to believe the Dem majority’s conspiracy theories.
“Data show even as crude oil prices decreased and state fees and taxes remained unchanged, the price at the pump still went up because refinery costs and profits more than tripled, now accounting for $2.18 for every gallon of gas that Californians buy,” California Energy Commission Chair David Hochschild said in a statement Wednesday. He requested information about the “sudden gap between national and California prices” from in-state oil refiners, which produce the vast majority of gas sold in California.
So Dave’s theory is that the oil and gas companies are only greedy in California.
That’s the kind of nonsense you have to believe to keep on drinking the Kool-Aid.