windfall oil profits – Page 2

Gov. Newsom Proposes Penalties for Oil Company ‘Price Gouging’ But Ignores State’s Highest Gas Taxes

December 5, 2022 4:36 pmDecember 7, 2022 6:30 am

Californians are paying the highest gas prices in the entire nation, with the current price nearly $6 a gallon in many locations, according to AAA. Gov. Gavin Newsom claims this is because of greedy oil companies and “price gouging.” Consequently,...

Gov. Newsom Relying on Politics and Deceit over CA’s High Gas Prices

November 11, 2022 9:16 amNovember 13, 2022 8:16 am

Californians pay the highest income taxes in the nation, have the highest taxes on the wealthy, highest gas taxes and highest gas prices at the pump, highest housing prices, highest energy prices, most regressive taxes hurting the poor… need we...

CA Sen. Shannon Grove Schools Gov. Newsom on Democrats’ High Gas/Oil Costs

October 10, 2022 2:45 amOctober 10, 2022 8:01 pm

While California Governor Gavin Newsom is warning he may call a Special Session of the Legislature to impose additional tax increases on oil companies, it is surprising he professes no idea how gas prices in California are so much higher...

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...