Presidential hopeful Newsom outmaneuvering Biden on gas prices

Christian Datoc, White House correspondent for The Washington Examiner

Gov. Gavin Newsom (D-CA) announced Friday his plan to call a special session of the state legislature to consider implementing new taxes on oil companies in the face of historically high gas prices.

Newsom’s action comes as the Biden administration is mulling its own response to the 2 million barrel cuts to daily oil production announced by OPEC+ in recent days. Though national gas prices have steadily declined since their summer peak, prices in California remain roughly $2.50 per gallon above the national average.