Gas Prices
California
Read the latest on the new PRI book
Adopting policies the ‘California Way’ could skyrocket energy costs
Ask any Californian paying their summer power bills and they’ll tell you a different story. Government data also offers a fact check – Energy Information Administration figures show the average monthly price of electricity was 34.3 cents per kilowatt hour in May (second to Hawaii), compared to 14.7 cents in ...
Blog
Read the latest about California's misguided energy policies
As Chevron Exits California, Will Still Attempt to Buy Its Oil Refineries?
It’s unlikely that was the plan. But it is interesting that at roughly the same time Chevron made its announcement, which was no surprise to Gov. Gavin Newsom’s office, the California Energy Commission issued a staff report that includes a dedicated section (Chapter 3, page 7) on “State-Owned Refineries.” It’s ...
Blog
Read why latest employer is leaving California
Chevron’s Departure Highlights California’s Risky Economic Future
Companies have been decamping from California for greener pastures so frequently that, in some ways, Chevron’s announcement is barely newsworthy. The particulars of Chevron’s decision are important, however, because they exemplify the large economic risks California’s policymakers are taking. Judged by their actions, California’s political leaders, including Governor Newsom, have ...
Blog
Read about push to increase driving costs
Is It A War On Traffic … Or A War On Cars?
It’s expected that the Los Angeles County Metropolitan Transportation Authority will release a study this summer that will offer, reports the Los Angeles Times, “a blueprint for a congestion pricing scheme similar to ones in cities such as London, Stockholm and Singapore, where commuters pay to drive in city centers.” ...
Blog
Read about Biden electric vehicle mandates
Biden Administration Takes California’s Electric Vehicle Mandate National
The Biden Administration has announced new automobile emission limits that amount to the government forcing a massive increase in U.S. electric vehicle sales. By 2032, at least two of every three cars sold would be required to be electric vehicles. As the New York Times reports, “experts say the proposed ...
Blog
Read about new plan to raise gas prices
Californians – Not Big Oil – Lose Under Newsom Excess Profits Tax
Thanks to the Governor’s actions, Californians lost good paying jobs. Facing the risk that they may have to pay an excess profits tax (whatever excess profits are), the energy industry now has even fewer reasons to invest in the state and even more reasons to relocate its current activities away ...
Blog
A Most Wearisome Task
The average price of a gallon of regular unleaded in California was $4.60 on Dec. 9. The week before it was $4.86, and a month earlier, it was $5.45. The current price, roughly the same as a year ago, when it was $4.68, is likely to fall even lower. Yes, ...
Business & Economics
Wayne Winegarden – A To Do List for the Next Congress
Our guest this week is Wayne Winegarden, PRI senior fellow in business and economics. The new members of Congress will take office in January in the midst of high inflation and economic uncertainty. PRI has developed a To Do List of reforms for both Washington and Sacramento. Wayne discusses some ...
Blog
Congress Needs to Look Beyond Green Energy
Current U.S. energy policy continues to subsidize uneconomical and inefficient sources of politically preferred energy while punishing the production and generation of reliable and cheap energy sources. As taxpayers, workers, and consumers we are paying a steep price for these irrational policies. Starting with the policies that punish domestic energy ...
California
Another Government Program Won’t Ease The Burden Of High Gas Prices
Further confirmation that California is on the wrong side of the rabbit hole came on the last day of September, when Gov. Gavin Newsom called for a new tax on oil companies in response to the high cost of gasoline. “Oil companies are ripping you off,” he tweeted. “Their record ...
Read the latest on the new PRI book
Adopting policies the ‘California Way’ could skyrocket energy costs
Ask any Californian paying their summer power bills and they’ll tell you a different story. Government data also offers a fact check – Energy Information Administration figures show the average monthly price of electricity was 34.3 cents per kilowatt hour in May (second to Hawaii), compared to 14.7 cents in ...
Read the latest about California's misguided energy policies
As Chevron Exits California, Will Still Attempt to Buy Its Oil Refineries?
It’s unlikely that was the plan. But it is interesting that at roughly the same time Chevron made its announcement, which was no surprise to Gov. Gavin Newsom’s office, the California Energy Commission issued a staff report that includes a dedicated section (Chapter 3, page 7) on “State-Owned Refineries.” It’s ...
Read why latest employer is leaving California
Chevron’s Departure Highlights California’s Risky Economic Future
Companies have been decamping from California for greener pastures so frequently that, in some ways, Chevron’s announcement is barely newsworthy. The particulars of Chevron’s decision are important, however, because they exemplify the large economic risks California’s policymakers are taking. Judged by their actions, California’s political leaders, including Governor Newsom, have ...
Read about push to increase driving costs
Is It A War On Traffic … Or A War On Cars?
It’s expected that the Los Angeles County Metropolitan Transportation Authority will release a study this summer that will offer, reports the Los Angeles Times, “a blueprint for a congestion pricing scheme similar to ones in cities such as London, Stockholm and Singapore, where commuters pay to drive in city centers.” ...
Read about Biden electric vehicle mandates
Biden Administration Takes California’s Electric Vehicle Mandate National
The Biden Administration has announced new automobile emission limits that amount to the government forcing a massive increase in U.S. electric vehicle sales. By 2032, at least two of every three cars sold would be required to be electric vehicles. As the New York Times reports, “experts say the proposed ...
Read about new plan to raise gas prices
Californians – Not Big Oil – Lose Under Newsom Excess Profits Tax
Thanks to the Governor’s actions, Californians lost good paying jobs. Facing the risk that they may have to pay an excess profits tax (whatever excess profits are), the energy industry now has even fewer reasons to invest in the state and even more reasons to relocate its current activities away ...
A Most Wearisome Task
The average price of a gallon of regular unleaded in California was $4.60 on Dec. 9. The week before it was $4.86, and a month earlier, it was $5.45. The current price, roughly the same as a year ago, when it was $4.68, is likely to fall even lower. Yes, ...
Wayne Winegarden – A To Do List for the Next Congress
Our guest this week is Wayne Winegarden, PRI senior fellow in business and economics. The new members of Congress will take office in January in the midst of high inflation and economic uncertainty. PRI has developed a To Do List of reforms for both Washington and Sacramento. Wayne discusses some ...
Congress Needs to Look Beyond Green Energy
Current U.S. energy policy continues to subsidize uneconomical and inefficient sources of politically preferred energy while punishing the production and generation of reliable and cheap energy sources. As taxpayers, workers, and consumers we are paying a steep price for these irrational policies. Starting with the policies that punish domestic energy ...
Another Government Program Won’t Ease The Burden Of High Gas Prices
Further confirmation that California is on the wrong side of the rabbit hole came on the last day of September, when Gov. Gavin Newsom called for a new tax on oil companies in response to the high cost of gasoline. “Oil companies are ripping you off,” he tweeted. “Their record ...
