California Gasoline Prices Set for Another Hike ...Middle East

OILPRICE - Economy
California Gasoline Prices Set for Another Hike
source : OILPRICE ( Middle East ) () 66
California authorities are about to make gasoline even more expensive for local drivers following a further tightening of emission rules, scheduled to be voted on this week. The vote would amend the state’s Low Carbon Fuel Standard, a program that began back in 2011 with the aim of incentivizing fuel producers to make lower-emission products by creating a carbon credit marketplace worth some $2 billion. However, the cleaner fuels have turned out to be more expensive, eventually sparking outrage among Californians who already struggle with…

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