Tom Steyer wants to know why the gas prices he jacked up are so high

From Hot Air:

It’s impossible to simply skim over the irony of someone demanding to know why gas prices are so high in the very same press release where they push for an additional ten percent tax on oil extraction. Does Tom Steyer actually understand where gas comes from?
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The disconnect here is shocking. Dan Walters notes that Steyer really doesn’t seem to know how all of this works. (Sacramento Bee)

Just two months ago, at UC Berkeley, Schremp laid out the cost factors for nearly all of the 52.1-cent-per-gallon differential between California and the rest of the nation for “reformulated” fuel. They were higher taxes, 17 cents; higher production costs, 10 cents; cap-and-trade fees, 10 cents; and “an isolated market,” 10-plus cents.

The latter is very important. California requires a unique fuel blend to fight smog, making it very dependent on a few in-state refineries. Therefore, when there’s a strike, a fire or some other refinery disruption, California-only fuel supplies shrink and prices rise.

Were there some “nefarious” conspiracy to keep prices high, as Steyer suggests, California’s prices would not only be high, but stay high.

Thanks to precisely the initiatives which Steyer has backed in the past, Californians have to use a special snowflake mixture of gasoline which is only produced in a couple of refineries. When you limit supply, prices are vulnerable. They have a cap and trade plan which mandates that each gallon of gas will cost more than it does almost anywhere else right off the top. And their gas tax is already stupidly high, even before they tack on the next 10% Steyer is pushing for.

And yet he wants an investigation to find out why their gasoline costs 51 cents more per gallon. Can somebody remind me again how Tom Steyer managed to become a billionaire in the first place?

He knows, but this is all just PR. An miserable attempt to "feel" the problems of the common man. He's almost as tone deaf as Hillary.