A new study released by Michael Mische, a professor at the University of Southern California’s Marshall School of Business, concluded that policies play a significant factor in higher gas prices in the state, whereas the governor’s office and others argue that price-gouging is still a critical factor.
“Based on 30 to 50 years of data, the primary conclusion from this study is that California’s high gasoline prices and supply dilemmas are, by design, engineering or serendipitously, largely self-inflicted, and the result of directed policies and a litany of regulations, taxes, fees and costs,” the study itself states…