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California's Regulations, Not Price Gouging, Cause High Gas Prices, USC Study Finds [zero hedge]

Marathon Petroleum Corporation (MPC) 
Last marathon petroleum corporation earnings: 1/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.marathonpetroleum.com
Company Research Source: zero hedge
California's Regulations, Not Price Gouging, Cause High Gas Prices, USC Study Finds Authored by Jill McLaughlin via The Epoch Times, Gov. Gavin Newsom stands behind his claim that “Big Oil” is responsible for California’s higher gas prices and vowed on April 1 to continue his fight against the industry. The pledge comes after new research put the blame on state regulations and policies for the high prices at the pump. California’s Democratic leaders have come out strongly against the oil industry in recent years, saying the companies’ gouging was causing record-high gas prices. “Gov. Newsom has done more than any other governor in recent history to tackle the challenge of rising gas prices—despite what the oil industry and its allies say,” a spokesman for Newsom told The Epoch Times in an email Tuesday. A new study published March 16 by Michael Mische from the Marshall School of Business at the University of Southern California says the evidence contradicts Newsom. Mische’s research i Show less Read more
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