California is a multitude and Gov. Gavin Newsom is sending treats to its residents. It has the nation’s highest gasoline costs—over $6 a gallon for premium. The Western States Petroleum Affiliation explains, “The primary $1.27 a gallon we pay on the pump now’s for taxes and regulatory packages.” Fairly simple to repair, however not for Mr. Newsom, who proposed, Oprah-like, sending Californians $400 gas-tax-rebate debit playing cards: You get a card. You get a card. Everyone will get a card!
The Legislature could vote on it this week. After all, $400 is barely a month of fill-ups for a lot of commuters. California, which has the fifth-largest oil reserves of any U.S. state, ought to have a number of the most cost-effective gasoline within the nation. Plus, Mr. Newsom’s reward playing cards aren’t actually a gas-tax rebate. Electrical-vehicle homeowners, who don’t purchase gasoline, get a card too, despite the fact that they already stand up to a 3rd off their electrical energy invoice by way of California’s Dwelling Charging EV2-A electrical energy price.