Price Gouging

San Francisco Chronicle – California Lawmakers Pass Bill Aimed At Capping Oil Companies’ Profits

By Dustin Gardiner, THE SAN FRANCISCO CHRONICLE https://www.sfchronicle.com/politics/article/california-passes-oil-refinery-profits-bill-17859250.php After decades of failed attempts to combat California’s highest-in-the-nation gas prices, legislators passed a measure Monday that could allow California to cap the...

The Los Angeles Times – California Lawmakers Approve Newsom’s Oil Bill. Here’s What You Need To Know

By Taryn Luna, THE LOS ANGELES TIMES https://www.latimes.com/california/story/2023-03-27/california-lawmakers-approve-legislature-passes-newsom-oil-bill?utm_id=91387&sfmc_id=2159508 California lawmakers on Monday approved Gov. Gavin Newsom’s legislation to increase transparency in the oil industry, in the final hours of a special session he...

Price Gouging Penalty and Oil Refiner Accountability Bill To Become Law

Legislation backed by Governor Newsom to create a new state watchdog with power to prevent price gouging at the gas pump cleared the California Assembly by a vote of 52 to 19 and is now awaiting the Governor’s signature.

Ventura County Star – Is The Gas Gougers’ Win Streak Coming To An End?

By Tom Elias, VENTURA COUNTY STAR https://www.vcstar.com/story/opinion/2023/03/27/is-the-gas-gougers-win-streak-coming-to-an-end/70052217007/ California’s wealthy cadre of gasoline gougers were on a major, lucrative roll. Every few months, they added another big victory over consumerist forces seeking...

East Bay Times – California Approves Nation’s First Big Oil Watchdog. Here’s How It Will Work.

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...

CNBC – Jamie Court Speaks About The Bill That Would Penalize Oil Refineries For Price Gouging

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.

CA Senate Passes Gasoline Price Gouging Penalty And Oil Refinery Transparency Bill, Goes to Assembly  

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...

Office of Governor Gavin Newsom – What They’re Saying: Governor Newsom’s Proposal to Hold Big Oil Accountable

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...

Price gouging Penalty Passes First Hurdle; Consumer Watchdog Testifies In Assembly About Need for Penalty and Transparency Reforms, $590 Million Oil Exec Stock Grab

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

The Sacramento Bee – A gas price watchdog + A ‘journalism usage fee’ + Sacramento seniors to march on Capitol

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...

Latest Articles

In The News

Latest Report

Subscribe to our newsletter

To be updated with all the latest news, press releases and special reports.