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Gas prices set to rise with AB 32

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Gas prices around the nation are at their lowest mark since December of 2010.

Here in California, that will change with assembly bill 32 going into effect on January 1.

AB 32 requires California to reduce its greenhouse gas emissions to the 1990 level by the year 2020.

Governor Brown says a high speed rail will take a lot of cars off the road... thus reducing emissions.

Michael Turnipseed of the Kern Taxpayers Association says the tax that will be placed on gas here in California will go to finance that high speed rail

He says the reason why gas is so cheap right now is because the price oil has dropped by about 25%, which drive the price we pay at the pump

Unfortunately prices will be going up due to a California state tax in Assembly Bill 32.  This bill authorizes the collection of a fee from anything that emits greenhouse gases, and that includes your car's exhaust.

Michael Turnipseed said, "we are really only two months away, but nobody can tell us what the tax is.  Some people are saying it is only going to 18 or 20 cents, other people are saying it might be 70 cents.  But, its going to affect everybody."

The national average price for regular unleaded gasoline is $3.03 according to GasBuddy.com, and the average price here in California is $3.38



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