The hosts of the C.O.B.T. podcast interview Professor Michael Mische about his study on California gasoline prices, which delves into the broader oil and gas industry within the state. The discussion covers the reception of the study, the deliberate nature of California's energy policies, and the potential national security implications of the state's dependence on foreign oil. They explore the impact of regulations and taxes on gasoline and electricity costs, the exodus of companies from California, and the feasibility of reducing gasoline taxes. The conversation also touches on the state's potential to increase its oil production, the complexities of California's special gasoline blend, and the possibility of the state taking over refineries. Finally, they discuss the Middle East's investment strategies in the U.S. and the future of fossil fuels and alternative energy sources.
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