Conversation On Energy
Cost $ 20.00 members $ 25.00 non members
WSPA works hard to ensure consumers have an adequate, reliable and affordable supply of energy and transportation fuels.
In California, and in other western states, the demand for energy is growing faster than supply. Nowhere is that disparity more serious than in California.
Global consumption of crude oil (and products) has continued to increase in the last few years. The U.S. Energy Information Administration forecasts additional growth in consumption through 2008.
Gasoline taxes in California are the highest in the country, according to API, about 63 cents per gallon. That’s about 16 cents per gallon above the national average. In California, gasoline consumption declined slightly in the past two years, according to the State Board of Equalization. The federal EIA has revised downward its gasoline demand projections, because “higher prices appear to have dampened oil consumption in a few countries, including the United States, in recent months.”