California Governor Newsom to seek windfall tax as gasoline prices keep rising

Oct. 08, 2022 8:30 PM ETEnergy Select Sector SPDR ETF (XLE), XOP, UGAOIH, VDE, VLO, CVX, MPC, PSX, PBF, CRAKBy: Carl Surran, SA News Editor291 Comments

Fuel Pump, Gas Station, Gasoline. Colorful Petrol pump filling nozzles isolated on white background , Gas station in a service in warm sunset. Head fuel vehicle refueling facility in Asia


Gasoline prices for U.S. drivers have been edging higher again after dropping for ~100 days, and this week's decision by OPEC+ to cut oil production by 2M bbl/day will further elevate prices.

Maintenance at major oil refineries, more demand

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