Motorists Seeing Pump Price Savings Thanks to Drop in Gasoline Demand and Large Build in Stocks

March 17, 2022 - Congressman Kevin McCarthy and the entire California House Republican Delegation have joined a letter led by Congressman David Valadao (CA-21) to Governor Newsom urging him to suspend the state’s gas tax for six months to provide Californians with immediate relief from current record-breaking prices at the pump.

Excerpts of the letter are below, or you can read it in its entirety here.

“We write with serious concerns regarding fuel costs for California families. In recent months, the price of a gallon of gas has risen dramatically, with gas prices in California being the highest of any state in the country. With this in mind, we ask you to take immediate action to provide relief by suspending California’s excise tax on gasoline for six months.

“All Americans are struggling against an inflation rate of 7.9 percent, and the cost of gasoline is up nearly 40 percent from this time last year. Even as prices skyrocket, California continues to tax gasoline at 51.1 cents per gallon. This, in conjunction with other taxes and fees, results in Californians paying the highest price per gallon in the country…

“With the cost of goods rising across the board and the price of a gallon of gas at record highs now is the time to pursue all avenues of relief…”
Source: Congressman Kevin McCarthy