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California Gas Prices To Spike on Jan 1 because of 'Cap and Trade'

 
Anonymous Coward
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12/22/2014 08:24 AM
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California Gas Prices To Spike on Jan 1 because of 'Cap and Trade'
ohappy

Merry Xmas, suckas!

Experts Expect Gas Prices To Spike Come New Year’s Day

December 16, 2014 4:58 PM

LOS ANGELES (CBSLA.com) — Motorists better take advantage of the historically low gas prices they have been enjoying recently, because that trend will end come New Year’s Day.

On Jan. 1, gas and diesel fuel will be subject to California’s cap and trade market because of a law passed in 2010. The program puts a price on the emissions coming out of drivers’ tailpipes.

[link to losangeles.cbslocal.com]
Thulsa

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12/22/2014 08:36 AM
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Re: California Gas Prices To Spike on Jan 1 because of 'Cap and Trade'
Sooo glad I don't live in California. Good post, thanks for the alert.
There is nothing quite as compelling as a bad idea whose time has come...
Thulsa
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12/22/2014 08:53 AM
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Re: California Gas Prices To Spike on Jan 1 because of 'Cap and Trade'
From the text of the write up.

The agency estimates the gas fee increase will be at most 10 cents a gallon – but the Western States Petroleum Association believes the spike could be as much as 76 cents a gallon.

When ever has it been the lower number ?

Never

This is just another way to extract excess dollars (inflation) away from the public and too the banks and goberment pockets.

Time to save the dollar !
The only way to save it, going on 50 years is to ship out all the jobs and tax the hell out of the people through fee's, taxes and health insurance.

Think !





GLP