Posts Tagged: Tupper

News

January looms, fuel fight heats up

California motorists in a traffic jam. (Photo: Shutterstock)

Currently, fuel is about $4 per gallon and California burns about 14 billion gallons annually. Estimates of the magnitude of a potential hike vary widely, but most range from 15 to 20 cents per gallon, which would raise perhaps $2.1 billion to $2.8 billion annually. Efforts are under way in the Capitol, led by the petroleum industry, to exempt transportation fuels from the auctions until 2018.

News

Brown: Thumbs down on oil severance tax

Gov. Brown summarily rejected the notion of a per-barrel tax on California oil as it comes from the ground, a move that sharply limits the political options of the tax’s backers who hoped to get a bill through the Legislature to raise perhaps $2 billion annually.

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