Bloomberg Law
March 9, 2022, 1:38 AM

California’s Newsom Plans Proposal to Address High Gas Prices

Romy Varghese
Romy Varghese
Bloomberg News

California Governor Gavin Newsom said he plans to submit a proposal to address rising gas prices in the state, which has the country’s highest costs for the fuel.

Newsom, a first-term Democrat seeking re-election this year, said in his State of the State speech Tuesday that he would work with legislative leaders on “a proposal to put money back in Californians’ pockets to address rising gas prices.” He didn’t elaborate.

Newsom had already proposed delaying an annual inflation-indexed increase in the fuel tax that was set for July 1, as part of his budget plan for the next fiscal year. ...

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