By Eliyahu Kamisher, EAST BAY TIMES In a bid to tamp down the Golden State’s highest-in-the-nation gas prices, California lawmakers on Monday passed legislation to...
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.
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...
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...
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...
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.
By Anne C. Mulkern, CLIMATE WIRE December 15, 2022 https://subscriber.politicopro.com/article/eenews/2022/12/15/bid-to-undo-calif-oil-drilling-ban-likely-headed-to-ballot-00073961 SAN DIEGO – The oil industry has likely succeeded in its bid to let voters decide...
