Posts Tagged: refinery

How did the air fare in cap-and-trade?

Air pollution over Suisun Bay as seen from Briones Regional Park, Contra Costa County. (Photo: Sundry Photography, via Shutterstock)

by BILL MAGAVERN posted 08.14.2017

OPINION: The bills (AB 398 and AB 617) that Gov. Jerry Brown signed on July 25 and 26 represent the culmination of years of debate in the Capitol over global warming and air quality. Now that those bills have become law, what have we learned?

Indeed, gasoline markets as reflected in the prices have been fairly stable in recent months. And rather than showing signs of spike, prices have been trending downward since July. Of course no one can predict what prices will do in the future, least of all Mr. McCullough, because no one can predict the myriad forces that influence the supply and demand for gasoline.