California's families and businesses have suffered from approximately 30 gasoline price spikes since 2006. The best solution to dealing with volatile California gasoline prices is to use less oil and encourage greater investments in cleaner, alternative fuels that help diversify our fuel supply. California's low-carbon fuel standard is one of the state's key measures developed to do just that.
Together with new carbon pollution standards for cars and other oil-saving measures, the low-carbon fuel standard will help shrink consumers' overall fuel bills, reducing fuel costs by approximately $1,000 per household by 2022, an estimated total savings of $50 billion over the next decade.
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Related IssuesClimate ChangeTransportationFossil Fuels