You are viewing a single comment's thread from:

RE: LeoThread 2025-06-21 15:24

in LeoFinance4 months ago

Part 3/6:

Many fear that the increase in gas taxes, coupled with ongoing regulations, could drive prices even higher than projections suggest. The $8 per gallon estimate reflects a confluence of regulatory pressure and state policies, specifically aimed at encouraging a shift toward electric vehicles, in line with Governor Gavin Newsom's vision of a zero-emissions California. Future adjustments in tax rates could further escalate fuel costs, with speculations hinting that prices could even reach $10 or more per gallon.

Impact of Supply Constraints and Refinery Dynamics