Sacramento, CA — Democrats in the California legislature believe that price gouging by oil companies is a main reason for record-breaking gas prices, while Republicans say it is the high taxes placed on fuel in the state. Democratic Assembly Speaker Anthony Rendon has announced the creation of a bipartisan committee on gas prices, with plans to question oil companies, economists, and regulators. Rendon notes that California’s gas prices, averaging $6.40 for regular unleaded, are much higher than the national average of $4.98. Rendon says, “We’ll be asking why gas prices are so high, and looking into solutions to ease the burden.” Assembly Vice-Chair of the Budget Committee, Republican Vince
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