Newsom Pushes Refineries Out Of California, Blames Trump For High Gas Prices

Amid increased gas prices nationwide since the U.S. attacked Iran, Newsom is weighing a bill that could drive out the few remaining refineries in California.

The California Air Resources Board proposed sweeping amendments expanding the state’s Cap-and-Invest program. Under Cap-and-Invest, refineries have set emissions limits and must buy allowances from the state to exceed said limits. If signed into law, the amendments would revoke 118 million metric tons in emissions allowances.

In response, Chevron and others operating the state’s few remaining refineries are threatening to close down if Newsom signs new energy regulations into law. California gas is the most expensive in the nation, routinely running $1-2 per gallon over the national average due to taxes and regulations.

Governor Newsom’s office did not immediately respond to a request for comment.

“The proposed regulation will cripple the survivability of the state’s remaining refineries, which will result in California losing the entire industry to this misguided program,” Chevron wrote