oil company regulation proposals

California ‘Gas Price Gouging’ Law Now in Effect

June 28, 2023 2:30 amJune 28, 2023 6:20 am

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

March 17, 2023 12:44 pmMarch 17, 2023 12:44 pm

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...