As the holiday season kicked off, drivers in California braced to keep paying more than others across the country at the gas pump. This week, the California Energy Commission held a hearing to find out why.
Some of it had to do with demand -- one of several factors closely examined Tuesday during a California Energy Commission hearing. A panel of experts in the industry explained the trends driving up the cost of fuel in recent years. "Gasoline demand has been declining since 2017," Schremp said. "As was mentioned earlier, the primary reason has been a continued uptick of electric vehicles, or zero-emission vehicles in the light-duty fleet."
The decline in demand is only expected to continue in California. The vice chair of the Energy Commission, Siva Gunda, said it was important to make sure families that have already been hit that hardest weren't further affected.
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Should California tax oil profits? Gas spike hearing sets stage for contentious debateThe California Energy Commission on Tuesday called on state experts to testify on a question that has plagued drivers for decades: Why are gas prices in the Golden State so high?
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