Newsom Blamed California’s $6 Gas on Oil Company Greed. He Lied

California politicians like Gov. Gavin Newsom have spent years pretending that California’s uniquely high gas prices are the fault of ‘greedy’ oil companies which are, for some baffling reason, willing to offer cheaper gas to the rest of the country, but hike gas prices in their state. The argument was so stupid that only the type of California Democrats flying an upside down American flag over a ‘Hate Has No Home Here’ woke word salad sign could believe it. But that’s the kind of voter who runs the state.

Still CBS News broke down the costs and predictably most of the high gas prices in the state are driven by Democrat regulations, greed and environmental nonsense.

Roughly 45% of the cost of every gallon of gas is made up of costs that are consistent across the country. That includes the global price of crude, which is higher for everyone right now, and an 18-cent federal tax that drivers pay in every state.

However, the remaining 55% of each gallon of gas includes California-specific costs.

Distribution and refining costs, which are more expensive in California, account for roughly 28% of every gallon.

California’s special gas blend tacks on roughly 10-15 cents per gallon to refining costs. Then there’s a 61-cent state excise tax and roughly 2 cents attributed to underground storage fees.

California’s cap-and-trade tacks on roughly 23 cents to every gallon, and the Low Carbon Fuel Standard (LCFS) adds another 14 cents.

On top of that, there are state and local sales taxes.

At $6 per gallon, that adds up to an additional $20 every time you fill up an average-sized tank.

This isn’t new. Local activists and media have broken it down before, but it’s helpful to do it at a national level so people understand what makes life in the ‘Golden State’ so uniquely miserable. A political machine, currently headed by Newsom, but that will be headed by some other party operative, is robbing people blind and then lying about it to their faces.

Today, surrounded by legislators and community leaders in the rotunda of the California State Capitol, Governor Gavin Newsom signed legislation to implement the strongest state-level oversight and accountability measures on Big Oil in the nation – bringing transparency to California’s oil and gas industry, shining new light on the corporations that have for decades operated in the shadows while ripping families off and raking in record profits.

“Record high retail gas prices — and record-breaking profits for Big Oil — hurt those who can least afford it most of all. For too long, Californians have been left in the dark when it comes to the practices of the gas industry. And while oil companies have been lining their pockets, many Californians are struggling to make ends meet. I

Attorney General Rob Bonta: “Record high retail gas prices — and record-breaking profits for Big Oil — hurt those who can least afford it most of all. For too long, Californians have been left in the dark when it comes to the practices of the gas industry. And while oil companies have been lining their pockets, many Californians are struggling to make ends meet. I proudly stand with the Governor as he signs into law our cosponsored bill to bring accountability and transparency to the gas industry. Together, we are fighting to even the scales for California consumers and take this burden off their shoulders.”

Senate President pro Tempore Toni G. Atkins (D-San Diego): “This bill provides important tools to help Californians get the answers we deserve about oil company profits and price gouging. Through the leadership of Senators Skinner, Bradford, Limón, and McGuire, and our colleagues in the Assembly and the Administration, these new reforms are strong on transparency and accountability. That’s a big part of what it will take to stop any wrongdoing and protect California consumers.”

Assembly Speaker Anthony Rendon (D-Lakewood): “Assemblymembers deserve praise for developing and passing this legislation, collaborating with the Governor and the Senate in the face of oil company intransigence. Our deliberations have been rigorous and transparent. Transparency is what we need now from the gas pricing system. That’s what this bill is about.”

What we’re looking at here is a completely shameless political criminal cartel that lies like it breathes and lies about what everyone knows is a lie and then doubles and triples down on those lies.

There’s no ‘price gouging’. There’s governor gouging.