$100 to Fill Gas Tank in L.A.: Are Oil Companies Taking Advantage?
Loyola Marymount University Professor Sung Won Sohn says high gas prices are due to a “four-legged stool”: supply, demand, taxes, and regulations.
California Proposes Tax Rebates to Offset High Fuel Costs
“We all support environmental regulations, but at the same time, we want cheap gasoline, which is not possible,” said Sung Won Sohn, professor of finance and economics at Loyola Marymount University. “You can’t have your cake and eat it too.”
California Will Investigate Why it has the Highest Gas Prices
“Since the end of the pandemic, people are out driving,” said Sung Won Sohn, professor of economics at Loyola Marymount University in Los Angeles.
