According to AAA, California’s average gas price reached a record high of $ 5.90 per gallon on Friday.
Just last month, the state’s average gas price was $ 4.79. A year ago, the average price of gas in the state was $ 3.88, down $ 2.02 altogether.
Nationally, the average price of gas ($ 4.24) has risen by about 70 cents since Russia invaded Ukraine. However, gas prices have already risen by about $ 1 since President Joe Biden took office and wage war on US energy independence.
Biden states that record high gas prices are an “opportunity” to “double” in the transition from fossil fuels. pic.twitter.com/H6ISmgiK0s
— RNC Research (@RNCResearch) March 25, 2022
Throughout his first year in office, Biden has made it difficult for oil companies to raise funds to drill private land. Biden also stopped new drilling on public land and ended the Keystone Pipeline project, which was supposed to transport large amounts of oil to American refineries.
On Wednesday, Governor Gavin Newsom (D) proposed to counter Biden’s high gas prices by making a direct payment of $ 400 per vehicle. Payment is limited to 2 vehicles per family.
CNN food truck owner #Bidenflation And that #BidenGasHike: “It’s just terrible” pic.twitter.com/rRt0NEsL2D
— RNC Research (@RNCResearch) March 25, 2022
In California, gasoline prices are high due to high fuel taxes and strict red tapes. As a result, according to Newsom’s office, the average California driver is subject to an excise tax of approximately $ 300 each year.
Newsom’s plans to give money to drivers will probably require a $ 400 debit card for registered vehicles, including electric vehicles, to not reduce the incentive to buy expensive electric vehicles.
According to The Wall Street Journal, the plan will cost $ 11 billion taxpayers. Newsom’s plan still has to be approved by the Legislature.
Biden’s Treasury Secretary says gas prices aren’t really that high.
“They are not as expensive as at the beginning of this century.” pic.twitter.com/wVqibcBqvu
— RNC Research (@RNCResearch) March 25, 2022
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