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Newsom, Democratic lawmakers reach deal on plan to combat California’s high gas prices

By Dustin Gardner, THE SAN FRANCISCO CHRONICLE https://www.sfchronicle.com/politics/article/newsom-legislature-oil-profits-deal-17850009.php Gov. Gavin Newsom and Democratic leaders in the Legislature announced Monday that they have brokered a deal on his proposal to fight California’s high gas prices by taking oil companies to task...

The Daily Kos – Gov and Legislature Strike Deal on Price Gouging Penalty as CA Oil Drilling Permits Surge

By Dan Bacher, THE DAILY KOS https://www.dailykos.com/stories/2023/3/20/2159318/-Gov-and-Legislature-Strike-Deal-on-Price-Gouging-Penalty-as-CA-Oil-Drilling-Permits-Surge Los Angeles, CA -  Consumer Watchdog and the Governor’s Office just announced that Governor Newsom and California legislature leaders have reached a deal to move forward a new oil refiner accountability law, including a price gouging...

The Daily Kos – Climate activists protest approval of hundreds of neighborhood oil drilling permits in California

By Dan Bacher, THE DAILY KOS https://m.dailykos.com/stories/2023/3/17/2158767/-Climate-activists-protest-approval-of-hundreds-of-neighborhood-oil-drilling-permits-in-California SACRAMENTO, CA— As regulatory capture by Big Oil and Big Gas becomes deeper and deeper in the supposedly “green” state of California, climate activists with the Last Chance Alliance announced they will hold a protest today outside the California Natural...

The Mercury News – Gas prices: Newsom scraps profits cap on oil industry ‘price gouging,’ proposes new watchdog body

By Eliyahu Kamisher, THE MERCURY NEWS https://www.mercurynews.com/2023/03/16/gas-prices-newsom-scraps-profits-cap-on-oil-industry-price-gouging-proposes-new-watchdog-body/ Months after Gov. Gavin Newsom unveiled a plan to punish oil companies for reaping large profits during a California gas price surge, his office has scrapped the legislation and is instead looking to...

KCBS-AM (Radio) – San Francisco, CA; Governor Newsom Is Pivoting On His Plan To Penalize Oil Companies That Overcharge

By Staff Reporters, KCBS – San Francisco, CA Click below to listen to the audio of this radio broadcast segment.

SACRAMENTO BEE – Newsom wants state regulators to decide if Big Oil should be penalized for high gas prices

By Marie Angst, SACRAMENTO BEE https://www.sacbee.com/news/politics-government/capitol-alert/article273192680.html#storylink=cpy Last fall, Gov. Gavin Newsom vowed to hold "greedy" oil companies accountable for jacking up gas prices by establishing a windfall profits tax, with the proceeds returned to residents who were "getting ripped off."...

San Francisco Chronicle – Newsom unveils details of plan to cap oil company profits

By Dustin Gardiner, SAN FRANCISCO CHRONICLE https://www.sfchronicle.com/politics/article/newsom-oil-profit-tax-17841770.php After months of closed-door negotiations, Gov. Gavin Newsom on Wednesday announced long-awaited details of his proposal to fight California’s high gas prices by capping the profits of oil companies and fining those who...

Governor Newsom Unveils Stronger Proposal to Hold Big Oil Accountable

The Office of Governor Gavin Newsom https://www.gov.ca.gov/2023/03/16/governor-newsom-unveils-stronger-proposal-to-hold-big-oil-accountable/ SACRAMENTO – Today, Governor Gavin Newsom and Attorney General Rob Bonta met with leaders representing a coalition of hundreds of organizations, stakeholders and local leaders to unveil new, stronger proposals to hold Big...

The Los Angeles Times – Newsom gives up call for lawmakers to cap oil industry profits

By Taryn Luna, THE LOS ANGELES TIMES https://www.latimes.com/california/story/2023-03-15/ca-newsom-oil-profits-cap SACRAMENTO —  Gov. Gavin Newsom is giving up his high-profile call for the California Legislature to set a cap on oil company profits and instead will ask lawmakers to increase transparency and oversight of...

Associated Press – Chevron hasn’t complied with new California gas pricing law

By Adam Beam, ASSOCIATED PRESS https://apnews.com/article/california-chevron-oil-gas-prices-bc34bc7259373baad141180778c6af35 SACRAMENTO, Calif. (AP) — Chevron has not complied with a new California law requiring it to disclose how much money it is making from selling gasoline in the state, setting up a showdown with...

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