530-993-4379
Sierra Booster
  • Home
  • Newspaper
    • Latest News
    • Letters to the Editor >
      • Submit Letter to the Editor
    • Old News Archive
    • Photo Tour
    • Events
    • About Us
    • SUBSCRIBE
  • Advertiser Directory
    • Advertiser Press Releases
    • Website Sponsors
    • Advertiser Area
  • Buy Ads - Services
  • Fishing Report
  • Contact Us
  • Admin Log In

CFCA’s Statement on Gasoline Price Decline

11/17/2022

0 Comments

 
Sacramento, CA –The Governor recently took to Twitter to claim creditfor falling gasoline prices, crediting the decline to his decision to end early the mandate requiring refineries to produce more expensive “summer blend” gasoline. We are happy to see the Governor recognize that reducing expensive regulatory burdens contributes to lower gas prices.   



The Governor’s comments, and the recent price reductions, highlight the failed logic behind the Administration’s accusations of “price gouging”. The reality is California’s gasoline prices are routinely higher than the rest of the country because of the burdensome (and unique) mandates placed on the oil industry by the State. Actions by the federal government and the state have continued to reduce supply while demand remains high, causing prices to increase. Environmental regulations and gasoline taxes add approximately $1.30 to every gallon of gasoline in California, which doesn’t account for dozens of additional environmental regulations placed on producers, refiners, marketers, and station owners. Our members are also subject to the same costs that make California an expensive place to do business, including high labor costs, payroll taxes, franchise taxes, and more. All of which contributes to the price at the pump.


If the Governor’s action reveals one thing, it’s that when the state suspends onerous mandates, California’s refiners and station owners pass those cost savings onto consumers.


“It is time to move past the baseless accusations of price gouging and start focusing on real solutions for California consumers.” said Elizabeth Graham, Executive Director of the California Fuels and Convenience Alliance. “As the Governor’s action has shown, right now the State has the capacity to provide immediate relief to consumers. CFCA stands ready to work with the Administration and Legislature on real solutions to reduce the price at the pump.”
###
About CFCA
CFCA is the industry's statewide trade association representing the needs of independent wholesale and retail marketers of gasoline, diesel, lubricating oils and other petroleum products; transporters of those products; and retail convenience store operators. CFCA’s members serve California’s families, agriculture, police and fire, cities, construction, and delivery industries to name a few.

   California Fuels & Convenience Alliance | 2520 Venture Oaks Way Ste. 100, Sacramento, CA 95833 | 916.646.5999 | info@cfca.energy | www.cfca.energy
0 Comments



Leave a Reply.

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    April 2014
    September 2009

    Categories

    All
    2015
    Sierra County News

    RSS Feed

    Vie
    ​w Old News

CONTACT US:

Sierra Booster Newspaper
PO Box 8
Loyalton, CA 96118
Phone: 530-993-4379
Fax: 844-272-8583
Email: jbuck@psln.com

Website Privacy Policy​
Picture
Local Weather
©Copyright Sierra Booster - Sierra County News - Editorial
Website by Chamber Nation