Fall 2023: watch WA gas prices as demand normally falls

KVI's John Carlson interviews Washington Policy Center environmental policy director, Todd Myers, who has been scrutinizing the latest August auction of the Department of Ecology carbon fuel permits which are related to the recently enacted "cap and invest" law signed by Gov. Jay Inslee. Myers tells KVI that the latest August auction prices are the equivalent of about 50-cents a gallon and those price increases at Washington gas pumps will start to arrive this fall at a time when demand usually drops as the summer travel season ends and the school year begins. Myers notes that California has the same auction/pricing system yet the price for WA carbon fuel is 80% higher. And that higher price is going to be reflected at the WA gas pumps.