Wednesday, October 02, 2024

MORE EFFICENTY THRU MORE REGULATIONS ?

By Bob Walsh

 


 

Gavin Newsom, the God-Emperor of the formerly great state of California, called a special session of the legislature very recently to "help out" the gasoline business in California.  The assembly came back in to session.  The senate said "pound sand" at the time.

The assembly has passed emergency legislation.  The senate is coming into emergency session in about ten days to consider the bill.

Gavin thinks that "big oil" is being mean to California.  He wishes to MANDATE that "big oil" build significant storage capacity for refined gasoline so that it can be let out into the market during maintenance shutdowns to smooth out price spikes.  The spokespeople for "big oil" point out that these large storage tanks cost about $35 million each, have to be individually permitted, are difficult to site and take time to build.  Gavin doesn't care, he wants to be seen to be "standing up to big oil."  Of course what he really wants to do is to drive the gasoline industry out of California to force people to buy electric cars since they won't be able to fuel gasoline vehicles.  

I wonder if the governor's limo is electric?  I somehow doubt it. 

No comments: