Tag: oil companies
California ‘Gas Price Gouging’ Law Now in Effect
A new law designed to stop price gouging by oil companies went into effect Monday, only three months after Governor Gavin Newsom signed Senate Bill 2 into law. For years, Governor Newsom and other legislators have targeted oil companies for...
Gov. Newsom Announces Proposed Regulations Against Oil Companies In California
Governor Gavin Newsom announced Thursday he will be proposing more regulations against oil companies in California, including instituting a new watchdog organization and adding a new price gouging penalty for oil companies. Since the beginning of the decade, the average price...
Could a ‘Penalty’ on Oil Companies Be Passed by a Majority Vote?
There have been discussions the past two months regarding whether the California Legislature and Governor Newsom will impose an “excess profits” tax on oil companies in this state. When the Governor issued his proclamation to the Legislature to convene a...
AG Rob Bonta Announces Investigation into Oil Companies’ Role in ‘Causing Global Plastics Pollution Crisis’
California Attorney General Rob Bonta announced on Thursday that he would be launching a state investigation into the role of oil and gas companies into the world’s global plastics pollution crisis. In his announcement Bonta said that fossil fuel and petrochemical...
Governor Newsom To Launch Investigation Into High Gas Prices
Governor Gavin Newsom has called on the California Attorney General’s office to investigate big oil companies and the price of gas. The Governor’s call for an investigation comes after a recent California Energy Commission (CEC) report found that companies such...