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California Gov. Gavin Newsom can’t seem to figure out what is causing gas prices in the state to skyrocket and one energy company is more than happy to explain it to the woke Democrat in brutal fashion.
(Video Credit: NBC Bay Area)
As gas prices approach $7 a gallon in California, residents are screaming bloody murder. Newsom’s solution is an insane “windfall tax” on oil and gas companies.
“It’s time to get serious. I’m sick of this. This is one of the greatest fleecings for consumers in world history.” Newsom said, according to NPR . “We’ve been too timid.”
“This is just rank price gouging. They can get away with it,” Newsom told reporters during a news conference in Sacramento, according to the Los Angeles Times . “They’re taking advantage of you, every single one of you, every single day. Hundreds of millions of dollars a week they’re putting in their pockets, lining their pockets at your expense, and then polluting this planet and leaving us all the external realities and costs associated with that.”
Put aside for a moment that most of these companies already can’t make a profit thanks to Newsom’s socialistic policies. Any tax on them will automatically be passed on to consumers, raising gas prices even more. Gas prices in California are the highest in the nation already. Here are the facts: Crude oil prices are DOWN. And yet…gas prices are up. That’s because greedy oil companies are ripping you off. They are raking in record profits at your expense. I’m calling for a new tax on these corrupt oil companies to put money back in your pocket. — Gavin Newsom (@GavinNewsom) October 6, 2022 NEW: I’m calling for a Special Session to address the greed of oil companies. Gas prices are too high. Time to enact a windfall profits […]
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