By Eliyahu Kamisher, EAST BAY TIMES https://www.eastbaytimes.com/2023/03/27/california-nears-approval-of-nations-first-big-oil-watchdog-heres-how-it-would-work/ In a bid to tamp down the Golden State’s highest-in-the-nation gas prices, California lawmakers on Monday passed legislation to set up the country’s first...

The bill would give Californians the ability to set a penalty level in which the oil refineries would pay a penalty for making too much off their per-gallon profits, the gross refining margin.

Sacramento, CA -- A landmark measure to rein in skyrocketing California gasoline prices has cleared the California Senate by a vote of 30 to 8.  “This bill puts a watchdog...

By The Office of Governor Gavin Newsom https://www.gov.ca.gov/2023/03/23/what-theyre-saying-governor-newsoms-proposal-to-hold-big-oil-accountable/ “Profits from California were 30% higher than anywhere else in the world”“We in California are systematically being gouged”“It’s a data-driven approach that couldn’t...

SBx1 2, the newly amended proposal for a price gouging penalty and oil refiner transparency, passed its first test in the California Senate Utilities, Energy and Commerce Committee

By Andrew Sheeler, THE SACRAMENTO BEE https://www.sacbee.com/news/politics-government/capitol-alert/article273371015.html#storylink=cpy Good morning and welcome to the A.M. Alert! NEWSOM, DEMOCRATIC LEGISLATIVE LEADERS UNVEIL PLAN TO CREATE GAS PRICE WATCHDOG The California Energy Commission would be empowered...

Making California First State In America To Rein In Oil Refiner Greed and Profiteering Los Angeles, CA – Governor Newsom and California legislature leaders have reached a deal to push through...

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

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...

Top executives and insiders at California’s big five oil refiners cashed out $590 million in stock in 2022, according to a review of filings with Securities Exchange Commission by the nonprofit Consumer Watchdog.