Special session hearings prove case for proposal to prevent gas …
WEB10 hours ago · Gas price spikes are preventable with additional backup supply but profit motives keep the industry from responsibly maintaining the supply necessary to protect Californians. Learn more about the Governor’s proposal here.
California Gas Price Gouging and Transparency Law Update
WEBJul 19, 2024 · WHAT YOU NEED TO KNOW: California gas prices have been on a three-month decline as the California Gas Price Gouging and Transparency Law continues to shine light on the oil industry. Separately, Attorney General Rob Bonta just reached a $50 million settlement with two gas trading firms for manipulating prices.
California gas prices: Newsom calls special session - CalMatters
WEBGas prices today in California average $4.64 a gallon, according to the American Automobile Association, compared to the national average of $3.34. Unable to jam through bills he says will lower California gas prices, Gov. Newsom calls the …
California may punish oil companies for high gas prices
WEBMar 23, 2023 · SACRAMENTO, Calif. (AP) — A first-in-the-nation bill to punish oil companies for profiting from price spikes at the pump breezed through the California Senate on Thursday at the urging of Democratic Gov. Gavin Newsom, the first major vote in an effort to pass the law by month’s end.
Governor Newsom, Speaker Rivas announce special ... - California …
WEBSep 3, 2024 · Following gasoline price spikes in 2022, Governor Newsom called for a special session and worked in partnership with the Legislature to sign into law a package of reforms holding Big Oil accountable, including the creation of a new independent watchdog, the Division of Petroleum Market Oversight.
Newsom’s gas price proposal debated at special ... - The Mercury News
WEB1 day ago · The latest price spike is in Northern California, where gas prices increased from $4.76 on Aug. 20 to $5.02 last week, $1.92 higher than the national average, according to AAA.
California gas prices: gouging or government micromanagement ...
WEB1 day ago · Updated September 20, 2024 10:55 AM. Are California’s high gas prices due to industry price gouging, or are they driven by high taxes and fees imposed by the state? Both are likely true,...
Nation’s First Gas Price Gouging Law in Effect | Governor of California
WEBJun 26, 2023 · SACRAMENTO – California’s new law to combat price gouging at the pump takes effect today. Governor Gavin Newsom signed the first-in-the-nation law earlier this year after calling for a special session of the Legislature to hold Big Oil accountable for fleecing California families at the gas pump.
Gov. Gavin Newsom calls California lawmakers ... - Associated Press News
WEBSep 1, 2024 · SACRAMENTO, Calif. (AP) — California lawmakers will come back in a special session after they wrap up their legislative year on Saturday to debate measures proposed by Gov. Gavin Newsom aimed at reducing gas price spikes at the pump.
Newsom relaxes refinery rules as California gas prices soar
WEBOct 1, 2022 · SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom on Friday announced that oil refineries could start selling more polluting winter-blend gasoline ahead of schedule to ease soaring fuel prices, directly contradicting his own goals for reducing climate pollutants.