Vanguard has significantly undercut its competition in the California municipal bond category with the introduction of its low-fee $VTEC fund, charging just 8 basis points (bp). This fee is half of what competitors charge and three times cheaper than the category leader $CMF. Meanwhile, Chevron has issued a warning that California's climate policies could lead to gasoline shortages and price spikes. The company highlighted that Golden State drivers already paid the highest gas premium in the last quarter and noted that refinery conversions to renewable fuels are reducing the overall supply of gasoline.
Price hikes and shortages are the goal. https://t.co/DpDs7CzQTH
"Dangerous Game": Chevron Warns California That Anti-Petrol Policies Could Result In Gas Price Spikes, Shortages https://t.co/IG2752pC4O
CA is the second largest conumer of gasoline in the country> $CVX Chevron Says California Plays a Risky Game With Climate and Gasoline Chevron Corp. warns its home state of California’s climate policies are a “dangerous game” that risk causing gasoline price spikes and… https://t.co/XiWUzk2OCY
Chevron Says #California Plays a Risky Game With Climate and Gasoline Golden State drivers paid highest gas premium in last quarter Refinery renewable fuel conversions reduce overall supply #oott https://t.co/rptYo7fCRi
Chevron said some climate policies in California risk gasoline shortages and spikes in prices https://t.co/oyKGOC5Gsw
Vanguard just Vanguard-ed the Cali Muni category, will be the cheapest by double with their 8bp-fee $VTEC and 3x cheaper than category leader $CMF https://t.co/cG72hQlTBP