California clean fuel directives will drive up diesel prices at the pump to around $6.69/gal. and put California’s truckers at a significant competitive disadvantage to trucks based in other states, according to a study just released by the California Trucking Assn.
The study, “The Impact of the Low Carbon Fuel Standard & Cap-and-Trade Programs on California Retail Diesel Prices,” prepared by Bethesda, Md.-based consultants Stonebridge Associates Inc., examined the effect of California’s new low-carbon fuel and cap-and-trade emissions initiatives on the state’s retail diesel future.