Gasoline Prices

Washington Governor Delays Progress on Mileage Fee, Again
For the second time in two years, Gov. Jay Inslee has dealt a legislative setback to transportation planning efforts to prepare for the 2035 ban on the sale of gas-tax paying light duty motor vehicles to reduce carbon emissions.

Holding Oil Companies Accountable for California's High Fuel Prices
Gov. Gavin Newsom signed into law a first-in-the-nation bill that would penalize California's oil refineries for excessive profits. Will it lower the state's highest-in-the-nation fuel prices?

The Surprising Oil Tax in the Inflation Reduction Act
President Biden has made reducing gas prices paramount in his administration, so it was likely a surprise to hear a Republican senator last Sunday warn TV viewers that a revived and increased oil fee in the climate bill will increase their gas costs.

Is $7 a Gallon for Gas on the Horizon?
Global oil prices may skyrocket when the European Union, which receives about one third of its oil from Russia, enacts a partial ban on importing Russian oil at the end of the year to stop financing Russia's war in Ukraine.

Biden Proposes Gas Tax Holiday to Reduce Gas Prices
President Biden asked Congress on June 22 to suspend federal fuel taxes, unchanged since 1993, for three months to provide motorists 'relief' at the pump. Additionally, he asked states to follow suit and for oil companies to increase refining.

'Are Gas Prices Too High?'
Nominal gas prices have never been higher. But are they too high? The question was posed by the ranking member of the Senate Committee on Energy & Natural Resources to the Secretary of the Interior during a committee hearing on May 19.

Has the Rug Been Pulled Out From Under Environmentalists?
Robinson Meyer, a climate reporter for The Atlantic, writes about the awkward place American environmentalists find themselves due in part to the war in Europe that has created an international energy crisis and historically high fuel prices at home.

Waging War on High Gas Prices
America is not at war, but that didn't stop President Joe Biden from calling the largest release of oil from the nation's Strategic Petroleum Reserve that he authorized on March 31 to lower oil prices, a 'wartime bridge.'

Banning Russian Oil
President Biden announced a ban on the importation of Russian energy on Tuesday in response to Russian President Vladimir Putin's invasion of Ukraine. He warned that gasoline prices will go even higher as a result. Europe will not be joining the ban.

Democrats Balk at Gov. Newsom's Gas Tax Holiday
Saving motorists 3 cents a gallon may be a slam dunk for Republican leaders in the California legislature who opposed hiking the gas tax in the first place, but Democratic leaders are reluctant to tamper with a hard-fought legislative and ballot win.

Biden Orders Release from Strategic Petroleum Reserve: What's the Emergency?
The purpose of the Strategic Petroleum Reserve is to maintain oil flow to refineries during national emergencies when oil supplies are disrupted. What national emergency prompted President Biden to order the release of 50 million barrels?

Biden Administration's Energy Hypocrisy Exposed
World Oil, an energy publication, slightly annotated a Bloomberg News article to expose the hypocrisy of the Biden administration: curtailing oil production at home while pushing to increase it abroad.

Massachusetts Conflict: Gas Tax or Carbon Charge on Fuel to Fund Transit?
The Democratic House just passed a gas tax increase that the Republican governor opposes because he wants his state to join the Transportation and Climate Initiative, a carbon pricing program applicable to fuel. Both measures will fund transit.

Massachusetts Legislators Fear Hidden Gas Tax in Transportation and Climate Initiative
Gov. Charlie Baker (R) supports a multi-state proposal to mitigate tailpipe emissions that would increase gas prices and pay for transit projects in an $18 billion transportation bond. A bill has been introduced to ensure that doesn't happen.

California Lawmaker Wants to Triple Electric Vehicle Rebates
Assemblyman Phil Ting seeks to dramatically increase the state electric vehicle sales rebate of $2,500, motivated in part by the phasing-out of the federal EV tax credit of $7,500. The bill rules out significant revenue sources.

Gas Prices and Vehicle Miles Traveled Analyzed Since 2000
Urban economist Joe Cortright examines the connection between gas prices and driving in the U.S. over the last two decades. Prices matter: increased gas prices results in decreased driving, providing the prices persist for the long-term.

Paying for Climate Change Mitigation at the Pump in California
Two market-based programs add about a quarter to every gallon of fuel purchased in the Golden State, but don't expect to see the prices listed anywhere. Furthermore, costs to comply with the Low Carbon Fuel Standard are expected to increase.

Doug Ford, Elected Ontario Premier, Promises End of Cap and Trade
The brother of former Toronto Mayor Rob Ford decisively won the election on June 7 to be the next premier of Ontario, ousting current Premier Kathleen Wynne. His first order of business: end the province's emissions trading program.

Rising Gas Prices: A Reminder That Supply Alone Won't Bring Energy Security
Memorial Day gas prices are the highest since 2014, The rising price of gas has already negated the tax savings from last year's tax cuts bill for low-income Americans. Retaining fuel economy standards would increase energy security.

California Poll: Voters Likely to Repeal 12-Cents Gas Tax Increase in November
It's not looking good for transportation advocates who want to retain over $5 billion in annual transportation funding made possible the passage of a bill last year that enabled the first gas tax increase in California since 1994.
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