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California gas prices set to surge across California next week
- California will implement an increase in the gas excise tax and stricter Low Carbon Fuel Standard rules starting July 1, 2025, raising prices statewide.
- These changes follow a November 2024 approval of the Low Carbon Fuel Standard aimed at reducing emissions, amid refinery closures and regulatory delays.
- The stricter rules will require more expensive fuel blends or credits, with acknowledged compliance costs expected to be passed to consumers.
- Senate Minority Leader Brian Jones warned that gas prices could rise by up to 65 cents per gallon and called the price hike unaffordable, while CARB disputes this estimate as misinformation.
- These price increases could worsen California's cost-of-living crisis, prompting calls from lawmakers and residents for legislative action to mitigate economic strain.
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Community Voices: California gasoline prices on the rise
Three days before celebrating Independence Day, drivers will take another hit at the gas pump on what has become an annual ritual in California. On July 1, motor fuel taxes will edge up, just as they have on this date…
·Bakersfield, United States
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California Democrats Push Reforms to Prevent Refinery Shutdowns
(Bloomberg) — A group of California Democrats is looking to ease the state’s gasoline standards and streamline permitting for refineries in a bid to prevent more fuelmakers from shutting down and raising costs for the state’s drivers.
·Canada
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Total News Sources28
Leaning Left2Leaning Right7Center10Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
11%
C 53%
R 37%
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