By Ben Christopher | CalMatters
Perhaps the governor called a special legislative session for the wrong type of gas hikes.
In the face of wallet-busting gasoline prices across the state last summer, Gov. Gavin Newsom convened a special session of the state Legislature in December to tax the “excessive” profits of California oil refiners. But since then, prices at the pump have fallen back to their still-high-but-not-uncharacteristically-so California average, according to AAA.
In the meantime, Californians are getting hammered with the soaring cost of natural gas. Wholesale prices for the home-heating, water-boiling, climate-warming commodity rose 63% since October, even while prices nationwide were cut in half, Bloomberg reports.
And