Industry experts warn that mandates to electrify ports and rail transport will cost Californians jobs and raise costs for consumers across the country.
Economists criticize state energy policies and dismiss Newsom’s price gouging claims as “conspiracy theories inconsistent with economic logic and the available data.”
Policymakers are realizing that changing how the world’s fifth-largest economy produces and consumes energy is a massively complicated undertaking – and costs a lot of money.
A Politico article ignores how Kern County has long fought to maintain local oil production as Newsom’s policies push the state to rely heavily on foreign imports.
Eliminating oil production won’t lower demand for oil. Rather, it will raise costs and make Californians more reliant on foreign regimes for basic energy needs.
For years, the governor has chosen to play politics, pushing a false talking point instead of pursuing market solutions to high gas prices. Fortunately, his constituents aren’t buying it.