As gas prices soar, California Assembly launches committee to investigate

Brasil Notícia Notícia

As gas prices soar, California Assembly launches committee to investigate
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 KPIXtv
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 53%

With California drivers paying more than $6 for a gallon of gas and state officials deadlocked for months over how to provide relief, lawmakers in the state Assembly on Monday announced they would investigate oil companies.

SACRAMENTO — With California drivers paying more than $6 for a gallon of gas and state officials deadlocked for months over how to provide relief, lawmakers in the state Assembly on Monday announced they would investigate oil companies they say are"abusing a historic situation to suck profits from Californians' wallets."

"We have put ourselves in a situation because of our addiction to the gas-powered engine. Yet that is no excuse for the actions of those who pin California drivers down with a foot on our necks and a hand in our pockets," Rendon said. California Democrats say they fear suspending the gas tax would benefit only big oil companies, whom state regulators accused in the past of artificially inflating prices in a state that has more than 36 million registered vehicles on the road.

California gas prices have historically been among the country's highest, prompting a number of previous studies and inquiries by state officials — including an investigation by former Attorney General Bill Lockyer, who was outraged when prices reached $1.71 per gallon in San Francisco in 1999. Instead of suspending the gas tax, California Democrats want to use the state's record-breaking budget surplus of nearly $100 billion to send money directly to taxpayers to help offset the high price of fuel. But nothing has happened yet because Democrats who control the state Legislature have been unable to agree with Newsom on how to do that.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

KPIXtv /  🏆 443. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

California Democrats to investigate cause of high gas pricesCalifornia Democrats to investigate cause of high gas pricesWith California drivers paying more than $6 for a gallon of gas and state officials deadlocked for months over how to provide relief, lawmakers in the state Assembly on Monday announced they would investigate oil companies they say are “abusing a historic situation to suck profits from Californians’ wallets.”
Consulte Mais informação »

Beware of texts offering chance to win free gasBeware of texts offering chance to win free gasThe average price of gas in Indiana is now more than $5 a gallon, and if that’s not bad enough—scammers are now trying to use high gas prices to scam you.
Consulte Mais informação »

Gas prices soar around the world amid Russia-Ukraine war, rebound from COVID-19Gas prices soar around the world amid Russia-Ukraine war, rebound from COVID-19Energy prices are a key driver of inflation that is rising worldwide and making the cost of living more expensive.
Consulte Mais informação »

Spiking food and gas prices hit Chicago neighborhoods hard as officials move to curb inflationSpiking food and gas prices hit Chicago neighborhoods hard as officials move to curb inflationThe gasoline index has increased 48.7% over the last year, according to the Bureau of Labor Statistics. According to AAA, the average price of gas in Cook County on Thursday was around $6 a gallon — 20% higher than the national average.
Consulte Mais informação »

Biden beefs with oil companies over record profitsBiden beefs with oil companies over record profitsPresidents can’t dictate oil and gas prices. But Americans tend to blame the White House for gas woes anyway. (via threidout Blog)
Consulte Mais informação »



Render Time: 2025-02-28 02:15:49