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Why California Diesel Is $8.35 a Gallon

Wall Street Journal US Business •
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Climate subsidies and taxes make California's fuel shortage acute. Diesel in the state has reached $8.35 a gallon, a price driven by policy choices rather than mere market forces.

Subsidies for climate programs and layered taxes compound the cost of every gallon. The result is a fuel shortage that hits consumers and businesses alike.

The state's approach to energy pricing continues to draw scrutiny as diesel costs remain far above national averages.