big oil – Page 5 – California Globe

California ‘Windfall Gas Tax Profits:’ Gas Now $2.55 Above the National Average

October 7, 2022 7:27 amOctober 8, 2022 8:14 am

Californians are paying the highest gas prices in the entire nation thanks to the state’s “windfall gas tax profits.” The average price for a gallon of gas in the U.S. is $3.891 according to AAA. California’s average price for a...

Gov. Newsom Calls for Tax on ‘Windfall Profits’ on Oil Companies After Abandoning Gas Tax Pause

October 3, 2022 8:17 amOctober 4, 2022 1:34 pm

“Crude oil prices are dropping, but oil and gas companies are still raising prices on California consumers,” California Gov. Newsom said, announcing a new “windfall profits tax” on oil companies. “These price hikes cannot be attributed solely to refinery maintenance...

Oil and Gas Fuel Our Comfortable Lifestyle but are Under Attack

July 21, 2022 8:29 amJuly 22, 2022 7:11 am

California is rich in natural resources which once powered the state: natural gas deposits in the Monterey Shale formation; geothermal energy, abundant rivers and waterways such as the San Joaquin River Delta and hydroelectric dams; the Pacific coastline; 85 million...

CA Democrats Abandon Gas Tax Holiday; Announce New Committee to Investigate Gas Price Gouging

June 20, 2022 2:55 pmJune 24, 2022 6:00 pm

“Friday marked 100 days of diddling by California’s supermajority party to provide relief at the pump for the state’s drivers from the record high gas prices,” the Globe reported Monday, ahead of the announcement by Assembly Democrats that rather than suspending...

Governor Newsom To Launch Investigation Into High Gas Prices

October 22, 2019 10:18 pmOctober 23, 2019 11:23 am

Governor Gavin Newsom has called on the California Attorney General’s office to investigate big oil companies and the price of gas. The Governor’s call for an investigation comes after a recent California Energy Commission (CEC) report found that companies such...