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California Faces Fuel Disaster As Refineries And Gas Stations Shut Down

Democrats attempted to deflect blame for stagflation by accusing corporations of price gouging, shifting focus from their policies. They ignored the impact of pandemic-era stimulus and dollar devaluation on consumer demand and supply shortages. California, under Governor Newsom, implemented policies to control fuel prices, including mandating minimum fuel storage and refinery maintenance. These actions led to refinery shutdowns, threatening nearly 20% of the state's refining capacity. Republican lawmakers warn these closures could raise prices and increase reliance on foreign oil, impacting national security due to reliance on in-state produced jet fuel and diesel. Newsom dismisses these concerns, claiming foreign shipments will suffice, despite the reliance of many military bases on CA produced fuel. California's stricter regulations also demand compliance with environmental safety measures for fuel storage, imposing significant costs. Many small gas stations claim they have not received subsidies for upgrades as promised. The state's recent report did not find evidence of price gouging, but confirmed high prices due to taxes and regulations. California is pursuing artificial energy scarcity, increasing taxes, and promoting electric vehicles, all in the name of climate change. Newsom's actions, despite being promoted as helpful, are leading to price increases in fuel.
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