California
California gas prices surge 40 cents in just 2 weeks as impact of refinery closures weighs
FOX Business Jeff Flock has the details from New Jersey on Mornings with Maria.
Gas prices have surged in California in recent weeks as the state’s supply is constrained due to recent reductions in refining capacity.
The price of gas rose 40 cents in about two weeks, with the average price of gas across the state of California at $4.58 a gallon – an increase from $4.46 the prior week and $4.18 two weeks before that, according to data from AAA.
Those figures are well above the national average of $2.92 a gallon. California’s gas prices are the highest of all states, topping $4.37 a gallon in Hawaii, $4.15 a gallon in Washington and $3.68 a gallon in Oregon.
Rising gas prices in California come amid a reduction in oil refining capacity due to the wind down of operations at Valero’s refinery in Benicia, as well as the previous closure of the Phillips 66 refinery in Los Angeles.
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The Phillips 66 Wilmington refinery near Los Angeles previously closed. (Mario Tama/Getty Images)
The closure of the Benicia refinery, located in Northern California, leaves just six operating refineries in the state, which is the largest consumer of fuel among all states except for Texas.
Two others are located in the Bay Area, including Chevron’s Richmond refinery and PBF Energy’s Martinez refinery. The other four are located in Southern California – Marathon’s Los Angeles refinery, Chevron’s El Segundo refinery, PBF Energy’s Torrance refinery and Valero’s Wilmington refinery.
The tightening refining supply prompted the California state senate’s Republican caucus to write a letter to Democratic Gov. Gavin Newsom that called for a special session to address the worsening “cost and supply crisis” created by state policies targeting the oil and gas industry.
CALIFORNIA ‘TRULY AT A BREAKING POINT,’ STATE SENATOR SAYS AS REFINERIES CLOSE AND GAS PRICES SURGE
Valero’s Benicia refinery is scheduled to close, reducing the refining capacity in the state of California. (Paul Morris/Bloomberg)
“California is truly at a breaking point. Refineries are closing, supply is diminishing, and my constituents are paying more at the pump every single day,” Republican state Sen. Suzette Martinez Valladares said in a report by FOX Business’ Jeff Flock that aired on “Mornings with Maria.”
“It isn’t theoretical, this is happening right now. And the longer we wait to address this issue, the more instability and volatility we’ll see here in California,” she added.
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For the country as a whole, gas prices have trended down over the last year, according to the latest consumer price index (CPI) data from the Bureau of Labor Statistics.
The BLS’ January CPI inflation report showed that gas prices are down 7.5% over the last year and that prices declined 3.2% from the prior month.
Nationwide energy prices have been largely flat in the last year, with the CPI showing the energy index down 0.1%.
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Declines in gas prices have been somewhat offset by rising prices for electricity and utility gas service, which are up 6.3% and 9.8% over the last year, respectively.
FOX Business’ Arabella Bennett contributed to this report.
California
California bill to block registered sex offenders from local office rejected by Senate committee
FRESNO, Calif. (KFSN) — California bill aimed at preventing registered sex offenders from holding local elected office was halted Tuesday after a Senate committee declined to advance the measure without changes opposed by its author.
Assembly Bill 2753, introduced by Assemblywoman Esmeralda Soria in February, would have prohibited anyone who is or has been required to register as a sex offender from running for local elective office.
“This issue is critical. We have heard loud and clear from the community that we must do something,” Soria said.
The proposal came to a stop in the Senate Elections Committee, where lawmakers argued the bill’s restrictions were too broad.
California’s sex offender registration system is divided into three tiers. Tier 1 offenders are generally required to register for 10 years, Tier 2 offenders for 20 years and Tier 3 offenders for life.
According to Soria, committee members proposed limiting the bill to Tier 3 offenders. She rejected those amendments, arguing that the legislation should apply more broadly.
“For this not to be the law today, where we’re banning people that have committed some of the most horrific crimes against children, against other people, you know, and we have survivors out there, I think it’s a disservice,” Soria said.
The bill had attracted significant support before reaching the Senate. It was backed by the Fresno City Council and passed the Assembly floor in April.
Fresno City Council President Nelson Esparza traveled to Sacramento to testify in favor of the measure and said he was disappointed by the outcome.
“I call it really a gut punch for our community, and what we had experienced here, and sort of the upheaval… I don’t think we want that to happen again here at Fresno,” Esparza said.
Esparza referenced controversy earlier this year involving registered sex offender Rene Campos, who sought a seat on the Fresno City Council but ultimately did not qualify for the ballot.
Opponents of the bill argued that candidacies should be decided by voters rather than restricted by law.
“It should be a decision made by the voters, so a person should not be barred from running for office and let the voters make the decision that makes the most sense for them,” said civil rights attorney Janice Bellucci.
With the committee declining to move the bill forward under its current language, efforts to enact the proposed restrictions have stalled for now.
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California
Billionaire tax measure heads to California’s November ballot, with Kern County watching
BAKERSFIELD, Calif. (KBAK/KBFX) California voters will face a high-profile “billionaire tax” measure on the November ballot, a proposal supporters say would raise new revenue, but critics warn could push some of the state’s wealthiest residents to leave.
If passed, the measure would impose a one-time 5% tax on California billionaires living in the state as of Jan. 1, 2026.
Tal Eslick, owner of Vista Consulting, said, “I think there is this effort, especially on the part of progressive state leaders, to somehow, you know, go after billionaires or maybe even the trillionaires that may exist in the future.”
Billionaire tax measure heads to California’s November ballot, with Kern County watching (AP Photo/Jeff Chiu, File)
Political analysts say a proposal like this could encourage some of California’s wealthiest residents to relocate, potentially taking investment and business activity with them.
Eslick said, “And for that matter, they can come back occasionally to visit and do a little bit of business, but live in a state that is a little more accommodating for them from a tax standpoint.”
Questions have also been raised about what the impact could be for Kern County if billionaires leave the state.
Sherod Waite, CEO of Moneywise Guys, said, “It’s questionable how much revenue would actually be generated from the tax and how much revenue would be lost from those people exiting the state. It’s questionable. It’s a gamble.”
Waite said billionaires leaving could reduce state revenue that could be used in Kern County.
Billionaire tax measure heads to California’s November ballot, with Kern County watching (AP Photo/Jeff Chiu, File)
“Think of all the support services that the state offers to the entire state, including us here in Kern County, that are paid for by tax dollars,” he said.
Gov. Gavin Newsom has been outspokenly against a state wealth tax and is instead proposing a national tax policy that would tax anyone with a net worth of $100 million.
Newsom said, “It’s time for a national billionaire’s tax and a new social contract. Just think of this, just ten percent of people own 2/3’s of the nation’s wealth.”
Eslick said Newsom’s position can be difficult to square.
“It’s a naturally confusing sort of position to be opposed to the tax in California but be supportive of it at a national level. But I think that’s him walking a treacherous political road,” he said.
Billionaire tax measure heads to California’s November ballot, with Kern County watching (AP Photo/Jae C. Hong, File)
In a statement regarding the measure, Assemblyman Stan Ellis said in part, “This would hurt Kern’s energy, Agriculture, manufacturing, and working families through lost investment, fewer jobs and unstable state funding.”
California
Southern California residents say HOA made them take down American flags
WASHINGTON (TNND) — Residents in a neighborhood in Southern California said that their homeowners association has threatened to fine them if they don’t take down the American flags displayed outside their homes.
Amy and Chris Cooke and their neighbor Terri Collins live in San Marcos, which is located in San Diego County.
They said that they could potentially face a $100 fine if they keep the flags displayed outside their homes, according to the Daily Wire.
“I’m not taking my flag down,” Collins said. “They can fine me, $100, $200, $1,000, I’m not paying it.”
Collins said that the neighborhood is very patriotic because it is located close to the former Miramar Navy Air Station.
She said that “all the Top Gun pilots lived here.”
The neighbors said that ever since President Donald Trump won the 2024 election, the HOA has enforced the rule about flags.
“Once the members allow use of a common property by an owner to express what is essentially a political or affiliative view in a flag, other owners will want to do the same and the common area will degrade,” a letter from the HOA reads.
Homeowners were told that flags displayed in “exclusive use” areas like backyards.
An HOA attorney told the Daily Wire HOAs “count on the fact that homeowners don’t know better and might be scared.”
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“I would tell these people to stand firm and under no circumstances should they remove that flag,” he told the outlet.
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