Across the nation lower gas price are having the same effect as a tax cut, people are spending the extra cash and in many states the economy is picking up steam. Not so much in California.
From the CalWatchDog
Although for California, the new tax at the pump from the cap-and-trade portion of AB32, the Global Warming Solutions Act of 2006, has stunted that effective “tax cut” and its salutary effects.
According to GasBuddy.com, today’s average price for regular gas in California was $2.49 a gallon, the third highest for any state, after $2.63 in Alaska and $3.11 for Hawaii.
Enjoying much lower prices were Idaho at $1.87, Utah at $1.89 and South Carolina at $1.91.
The extra money that you could be putting in your pocket, like the folks in Idaho, Utah and South Carolina, it is going into the AB-32 political slush fund, to be distributed by vote buying Democrats in the state legislature. Look, we get what the people vote for. Think about that in 2016.