SACRAMENTO – (INT) - The California Independent Oil Marketers Association (CIOMA) will begin to voluntarily disclose the costs of the state’s Cap and Trade program on a gallon of gas.

It comes after the State Legislature failed to provide transparency for California drivers.

After the legislature refused to disclose the costs Cap and Trade places on a gallon of gas in California, gas stations throughout the state will display custom-made notices that inform drivers that gasoline and diesel prices include a hidden gas tax of about 10 cents to comply with the program’s requirements.

“Californians are paying collectively $2 billion per year in higher gas prices because of the Cap and Trade Program according to publically-available estimates,” said Jay McKeeman of CIOMA.

Story Date: July 7, 2016