In California, gas taxes are about to exceed the actual price of the gas -industry group

by Monica Showalter

Democrats have been spouting a good game on 'affordability' in the wake of smilin' Zohran Mamdani's buzzword that won over New York City in its mayoral race, but in California, here's what they mean by 'affordability':

The industry group, which follows gasoline prices closely, knows what it's talking about. 

According to the chart, the crude itself is 38% of the cost, while federal and state taxes amount to 32% of the cost, with the feds only helping themselves to 4%, and the socialist state takes a whopping 28%. In contrast, retailer profit is 3%, another 3% is distribution and marketing, and the remainder at 24% is refining and processing costs.

Oh, and speaking of refining -- the state has driven out all about three of its once-abundant refineries, ensuring that prices at the pump go up, and whatever greenie measures they have built into the state costs are useless from the green perspective, at least, given the reality that now the state must import fuel instead of generate its own, the last report of which had that it was coming from the Bahamas.

It's bad out there:

Taxes alone are set to outdo the price of gas alone, but throw in refining costs and the majority of the cost structure is on non-gasoline costs. 

That's affordability in action in California. And these state wokesters, led by Gov. Gavin Newsom, have the nerve to howl about 'obscene corporate profits.'

https://www.americanthinker.com/blog/2026/03/in_california_gas_taxes_are_about_to_exceed_the_actual_price_of_the_gas_industry_group.html