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Newsom’s Fast-Tracked Oil Bill Will Raise Gas Prices

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Newsom’s Fast-Tracked Oil Bill Will Raise Gas Prices
A man pumps gas in Irvine, Calif., on April 1, 2022. John Fredricks/The Epoch Times
John Seiler
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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.

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John Seiler
John Seiler
Author
John Seiler is a veteran California opinion writer. Mr. Seiler has written editorials for The Orange County Register for almost 30 years. He is a U.S. Army veteran and former press secretary for California state Sen. John Moorlach. He blogs at JohnSeiler.Substack.com and his email is [email protected]
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