LOS ANGELES (CBSLA) — Four-dollar gas has returned to Southern California.
Two weeks of daily price hikes have sent the average price of a gallon of self-serve regular gasoline well over the $4 mark across the region, even in outlying areas where prices are usually cheaper.
Well, it’s a start, as Steven Chu, former President Obama’s then-incoming energy secretary, told the Wall Street Journal in the fall of 2008: “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.”
And Elizabeth Warren will finish the job: “On my first day as president, I will sign an executive order that puts a total moratorium on all new fossil fuel leases for drilling offshore and on public lands. And I will ban fracking—everywhere,” vowed Warren early last month.