Oil companies make about $0.20 per gallon profit from California gas.
California government gets about $0.71 per gallon profit from high gas taxes.
California's restrictive regulations also make gas even more expensive.
If Newsom was smart and honest, he could say something like "We need high gas taxes to save the environment and to fund our clean energy goals." Instead of that, he is blaming the oil companies for his bad gas policies.
https://joemessina.com/2026/04/california-taxes-more-per-gallon-outpaces-oil-company-profits/
https://totalnews.com/the-california-premium-understanding-why-the-states-take-per-gallon-consistently-exceeds-refiner-profits/
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Message Thread
Is Gavin Newsom mostly dumb or is he mostly dishonest? - Ken C May 24, 2026, 11:29 am
- Spector May 24, 2026, 12:25 pm
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