Meanwhile, in the Democrat utopia-turned-nightmare that is California, Governor Gavin Newsom is at it again—this time with a bill aimed at “Big Oil.” But instead of holding the industry accountable, Newsom’s latest move will likely leave Californians with gas shortages and even higher prices at the pump. Brilliant strategy, Gavin.
The bill, passed by the California Assembly with a 41-16 vote (notice a lot of Democrats didn’t even want to touch this one), allows the state to fine refineries up to $1 million per day if they don’t stockpile fuel as mandated. Newsom claims this will prevent price spikes and protect consumers, but anyone with a shred of common sense knows where this is headed. The fines won’t hurt Big Oil—they’ll hurt the consumer, as always.
Let’s break it down. Under the bill, oil refiners must maintain a minimum fuel inventory to avoid supply shortages, with heavy fines imposed if they fail to comply. Sure, that sounds good on paper, but in reality, it’s just going to increase operating costs for refineries. And what happens when costs go up? They pass those costs directly to consumers, meaning even *higher* gas prices for Californians, who are already paying the most in the country. Newsom’s promise to “save consumers money” is nothing more than a pipe dream.
The consequences of this bill are already starting to hit. Phillips 66 announced they’re ceasing operations in Los Angeles, citing “market dynamics” impacted by Newsom’s latest stunt. Chevron is packing up and moving its headquarters from California to Texas. Who can blame them? When you make it impossible for companies to operate profitably, they leave. It’s basic economics, but apparently that concept is lost on the governor.
Of course, in true Gavin Newsom fashion, he’s found a way to blame Donald Trump for California’s sky-high gas prices, because why take responsibility when you can scapegoat? Never mind the fact that California’s gas taxes and regulations are the real culprits behind the outrageous prices. Newsom is just doing what Democrats do best—pushing bad policies while blaming everyone else when those policies fail.
So, what’s next for California? More empty gas stations, higher prices, and a mass exodus of businesses and families who can’t afford to live under Newsom’s radical agenda. If this is Newsom’s idea of “holding Big Oil accountable,” Californians should brace themselves for an even rougher ride.
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