According to the California Energy Commission, Governor Newsom’s newly announced refinery supply mandate could create artificial fuel shortages and lead to even higher gas prices.
As stated by WSPA President & CEO Catherine Reheis-Boyd, “There are bad regulations, and then there are regulations so detrimental that industry experts, the California Energy Commission, and anyone with a basic understanding of economics can clearly see the harm they will cause consumers.”
Bottom line: Lawmakers who support this mandate will be voting to raise gas costs for their constituents.
Read WSPA’s full statement on Governor Newsom’s refinery supply mandate HERE.