Loading...
Market
What will be the outcome of WSPA's opposition to the gas price bill by end of 2024?
2
Resolution / Starting Odds
Bill is repealed • 25%
Bill is amended • 25%
Bill remains unchanged • 25%
Other • 25%
Legal documents, press releases, and news reports on WSPA's actions and results
Story
California Lawmakers Pass Bill to Raise Gas Prices by $0.65 per Gallon Amid Criticism
Oct 15, 2024, 02:30 PM
California lawmakers have voted to pass a bill that could significantly raise gas prices in the state. Governor Gavin Newsom's administration is pushing new regulations that could add up to $0.65 per gallon to gasoline prices. Critics argue that the bill destabilizes the fuel market and will not lower prices. The Western States Petroleum Association (WSPA) has labeled the bill as a smokescreen for future government gas price hikes. Additionally, California drivers are facing a 54% increase in auto insurance rates by the end of 2024. The new gas price regulations could also impact neighboring states like Nevada, which relies on California for its fuel supply. The Republican minority in California is actively opposing the bill, arguing that it will hurt all Californians, including those who drive electric vehicles due to the increased cost of goods. Newsom's bill passed with the bare minimum of 41 votes.
View original story
Similar markets
File a lawsuit • 25%
Launch a public campaign • 25%
Negotiate with the state • 25%
No major action • 25%
Significant decrease (more than 10%) • 25%
Moderate decrease (5-10%) • 25%
No significant change • 25%
Increase in prices • 25%
Majority in favor • 25%
Majority against • 25%
Evenly split • 25%
No significant opinion • 25%
Supreme Court rules on the case • 25%
Florida withdraws the appeal • 25%
Settlement reached • 25%
No final resolution • 25%
Sentences upheld • 25%
Sentences reduced • 25%
Sentences increased • 25%
Sentences overturned • 25%
Increased gas prices • 25%
Decreased gas prices • 25%
No significant change • 25%
Refinery closures • 25%
Passes with bipartisan support • 25%
Passes with narrow majority • 25%
Fails to pass • 25%
Not voted on • 25%
Government compensation announced • 25%
No compensation, but other concessions • 25%
Legal victory for WASPI women • 25%
No change in government stance • 25%
More protests at historic sites • 33%
Shift to different tactics • 33%
Disband or decrease in activity • 33%
New legislation passed • 25%
Existing legislation amended • 25%
No changes made • 25%
Other • 25%
Passes with majority support • 25%
Passes with narrow margin • 25%
Fails to pass • 25%
Postponed or tabled • 25%
