California's New Fuel Standards Set to Spike Gas Prices
TL;DR
California's new regulations to limit carbon intensity in fuels, approved by the California Air Resources Board, could lead to a rise in gas prices. The measures expand a program penalizing high-carbon fuel production, potentially increasing costs by up to 65 cents per gallon. While CARB officials dispute claims that these regulations are the main cause of high gas prices, the average price in California remains high, currently at $4.51 per gallon.
- Decision by state regulators means California gas prices could rise substantially KTLA Los Angeles
- California's Air Resources Board votes to increase new fuel standards, increasing gas prices by 65 cents per gallon ABC7 Bay Area
- California Air Resources Board approves new clean air rules that are expected to raise gas prices KCRA Sacramento
- California approves tighter rules for low carbon fuels policy Reuters
- California air regulators approve changes to climate program that could raise gas prices ABC7 Los Angeles
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