Gov. Gavin Newsom and the state Legislature’s Democratic leaders have struck a budget deal — just in the nick of time. After months of haggling, Newsom, Senate President Pro Tem Toni Atkins, and Assembly Speaker Anthony Rendon on Sunday night unveiled their joint $300 billion spending plan for the fiscal year that begins Friday. The […]
For Californians concerned about sky-high gas prices and a looming increase to the state’s fuel excise tax: Never fear, the Assembly Select Committee on Gasoline Supply and Pricing is here! What exactly will the committee do? It will “investigate the gas price gouging that has inflated prices at a rate equivalent to 100% per year,” […]
July 1 is shaping up to be a big day for California. That’s when the Golden State’s sky-high gas prices are set to tick up even more due to a scheduled increase to the excise tax rate, which will tack nearly 3 cents per gallon onto prices at the pump. On Wednesday, drivers were already […]
The average price of a gallon of gas has officially surpassed $6 for the first time in California — and U.S. — history. The Golden State set a new record Wednesday with an average per-gallon cost of $6.05, though the price climbed as high as $7 in remote Mono County, according to AAA. The national […]
California has invested heavily in switching away from gas-powered cars to meet its climate goals. Now Gov. Newsom has proposed sending out checks to car owners to help with the price of gas. That move wouldn’t necessarily prop up demand for gas — economists say people may use the money to buy other things.