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Californians pay more at the gas pump than residents of any other state in the United States despite Gov. Gavin Newsom’s (D-CA) so-called “plan” to crack down on windfall oil profits.
“Is Gavin Newsom trying to help Donald Trump?” Is Wall Street Journal’s Allysia Finley question, citing his plan to raise fuel prices in Nevada and Arizona just before the November presidential election.
Nevada and Arizona’s gas prices heavily reflect those in California due to them being significantly reliant (90 and 50 percent) on California for their fuel supply.
According to recent reports, the California Energy Commission is looking to implement a new tax on refinery gross margins which would result in higher costs at the pump and affect prices in bordering states.
The governor’s initiatives would likely not sit well with former California residents who fled that state for more conservative policies and lower taxes.