Gas refiner and marketer Valero says that plans to further tax oil companies will only lead to higher prices
, Californians are still paying an average of $6.28 per gallon as of this writing. Politicians in the state have noted the discrepancy and laid the blame squarely on oil companies. Now, gas refiner and marketer Valero Energy Corp. has responded directly and called the state’s policies out in return.posted a video on Twitter back on September 30th where he called out gas companies. “Oil companies are ripping you off. Their record profits are coming at your expense at the pump,” the Tweet said.
Just a few days later on October 5th, California Energy Commission chair David Hochschild sent a letter to oil executives asking why there’s been a spike in gas prices despite a decrease in crude oil prices and no new taxes or fees associated with production and delivery. “All options are on the table to ensure Californians aren’t paying higher gas costs at the whims of the oil industry,” Hochschild said in his statement.Oil companies are ripping you off.
I’m calling for a NEW windfall tax exclusively on oil companies. If they won't lower their prices we will do it for them.
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