Local Officials Praise Move to Stop Gas-Price Gouging
Tuesday, December 6, 2022
Governor Gavin Newsom convened a special session of the Legislature on Monday to consider his newly unveiled proposal to cap excess oil and gas profits - money he said comes from price gouging. According to Triple-A, gas in California is significantly higher than the national average.
Alexander Walker Griffin, vice mayor of the city of Hercules, praised the move.
"We've seen the record-breaking prices at the pump, $6-, $7-a-gallon gas prices at our local gas stations, which is why have to do something," he said.
The oil and gas industry cites multiple reasons for the price hikes, blaming reduced capacity at refineries due to maintenance, plus the state's moves to phase out fossil fuels, and supply issues related to the war in Ukraine.
Igor Tregub, a Ukrainian immigrant who chairs the environmental caucus for the California Democratic Party, said the continued dependence on foreign oil is fueling Vladimir Putin's war.
"The nerve of oil and gas corporations to use the war in my homeland to make exorbitant profits is inhumane. The Legislature must see this as a national security issue and get it done," he said.
Heidi Harmon, former San Luis Obispo mayor, said the state needs to hold the fossil-fuel industry accountable - and plow excess profits into programs that mitigate the effects of global warming.
"With our increasing drought, the constant threat of wildfires and our beautiful coastlines at risk, California is on the front lines of the climate crisis. And the vast majority of Californians want bolder leadership and meaningful action now," she said.
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