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…
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...
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...
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...
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 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...
