Commentary
Gov. Gavin Newsom’s oil bill to reduce gas prices at the pump actually will increase them. It’s simple economics: Increase regulations, potential tax increases, and uncertainty into any market, and the price of its goods will go up.
Newsom’s Fast-Tracked Oil Bill Will Raise Gas Prices
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A man pumps gas in Irvine, Calif., on April 1, 2022. John Fredricks/The Epoch Times
By John Seiler
Updated:
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