Business

Gas Prices and EV Costs

Updated 2026-07-08 15:40 UTC 2 sources Neutral

California Governor Gavin Newsom is deflecting blame for high gas prices, attributing them to state policies. Meanwhile, used electric vehicles are becoming more expensive amid geopolitical tensions.

Coverage timeline — 2 articles
The Hill
California's high gas prices are due to years of taxes, regulations, and restrictions imposed by Democratic Gov. Gavin Newsom, rather than the actions of President Trump, Iran, or Chevron.
2026-07-08 15:00 UTC
CNBC
The Manheim Used Vehicle Value Index for EVs — which tracks prices of used vehicles sold at its U.S. wholesale auctions — increased 12% compared to June 2025.
2026-07-08 15:14 UTC
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