Already Strapped Californians Will Need A Hefty Raise To Afford Gas Next Year

Posted • November 21, 2024: The news continues to get worse and worse for California residents. Californians will need to make an extra $1,000 a year in pre-tax income if they want to keep up with the projected 2025 gas prices in the state, study shows. According to USC professor Michael A. Mische, of Marshall School of Business, his research states as California is expected to see a spike in gas prices for 2025, when the state begins requiring gas stations to carry a more expensive blend fuel that is approved by the California Air Resources Board (CARB). While Mische links back to CARB’s claims, saying the new special blend would increase gas price by $0.47 a gallon, a different study referenced by the USC professor claims retail gas prices may go up by $0.65 a gallon in 2025 and up $0.85 a gallon in 2030. These changes could cost drivers in California an extra $222 to $449 a year for regular fuel, more for premium, Mische’s study reads. Bottom line: Californians relying on fueling their vehicles with gas will need to make an extra $600 or a grand just to break even for 2025.

Kira @RealKiraDavis: “I’m so glad Gavin Newsom is protecting us from Trump. Look at all this protection! I’m sure Americans will be excited to vote for this kind of protection in 2028, right Gavin? Jennifer Siebel Newsom is this what your fellow moms are excited for in your circle?” -- He's not interested in protecting American citizens. He's more worried about people here illegally. This new study confirms recent policy actions by CA Democrats are going to cost working families even more of their hard-earned money. Riverside County commuters have some of the longest commutes and will suffer more than most from these extreme and unaffordable policies. -- ChaseAlert @ChaseAlert: “This is so sad. People are getting priced out of California. My car insurance alone is up 25% or more….add food and gas prices being up, too, it’s impossible!” -- The exodus out of California will continue. Everyone: why do you want to move out of California? - Me: I literally can’t afford to live here. It’s insane. People are being left with no choice. (…)

• More at: Twitchy - Already Strapped Californians Will Need a Hefty Raise to Afford Gas Next Year
https://twitchy.com/justmindy/2024/11/20/california-gas-prices-extra-1000-per-year-voters-revolting-newsom-n2404022
Fox 11 Los Angeles" USC professor 'estimates' Californians will need to make $1,000 more next year to keep up with 2025 gas prices
https://www.foxla.com/news/californians-1000-income-2025-gas-price