California GOP's plan to cut gas prices is squashed, backers say
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California GOP's plan to cut gas prices is squashed, backers say
""Senate Republicans' efforts to cut gas prices by reversing environmental regulations have been halted in the Democrat-controlled legislature, with significant implications for California's gas market.""
""The Senate Environmental Quality Committee's decision to reject Senate Bill 2 underscores the challenges ahead for Republicans seeking to cut gas prices while balancing environmental concerns.""
California Senate Republicans aimed to lower gasoline prices by halting new environmental regulations, but their key Senate Bill 2 was effectively rejected by the Democrat-controlled Senate Environmental Quality Committee. The bill intended to reverse stricter carbon-intensity limitations set by state air quality regulators, which are projected to raise gas prices even higher in California. Currently, California's gas prices average $4.65 per gallon, significantly above the national average of $3.10. Given the lack of support, the bill's progress is highly unlikely without a significant change in committee sentiment.
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