The Senate Standing Committee on Energy, Utilities and Communications passed the Governor’s proposal, SBX1 2, which creates a new layer of government to increase regulations on California energy producers. Assemblyman Vince Fong (R-Central Valley), Vice Chair of the Assembly Budget Committee, issued the following statement:
“California families are demanding affordable gas prices, not more government and red tape.
“The Governor is rushing a disastrous job killer bill that does nothing to lower gas prices for everyday Californians. The result of this shortsighted legislation will lead to energy market disruptions, higher costs, and energy shortages. Increasing energy supplies is the solution to lower gas prices.
“Decisions and policies must be grounded in economic reality, not just for political headlines.
“This bill will increase the costs on energy production, which will result in gas prices increasing further. Californians cannot afford this ill-conceived policy.”