California’s high gas prices are self-inflicted
California is one of the country’s most resource-rich states in the union. Wonderful year-round weather and the historic allure of the West have drawn millions of people to the Golden State. Despite the perfect combination of significant resources, a large workforce, and a practically state-wide perfect climate, California has succumbed to decades of bad policies that have made it one of the most expensive places to live in the United States.
One of the most evident examples of California’s higher cost of living is its infamously high gasoline prices.
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As of early March, the average price of a gallon of gas in California is $4.67; the highest cost anywhere in the country, beating out even heavily isolated Hawaii. California’s high gas prices result from heavy taxes and fees, combined with a unique blend requirement that makes importing out-of-state refined petroleum nearly impossible. Not many out-of-state refineries are willing to produce the special blend, as it requires costly additional steps. The highest in the nation, California’s combined taxes........
