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Gov. Gavin Newsom signs a bill to designed to prevent gas price spikes during a press conference with legislative leaders at the state Capitol on Monday, Oct. 14, 2024 in Sacramento.
Independent analysts say Gavin Newsom’s new bid to stop price spikes could actually send costs up.
Another report released earlier this month by the University of Pennsylvania’s Kleinman Center for Energy Policy predicted that the cost of gasoline could increase by 85 cents a gallon through 2030.
Gov. Gavin Newsom, joined by legislators and community leaders, talks to the media after signing a bill intended to prevent gas price spikes at the state Capitol on Monday.
Independent analysts say Gavin Newsom’s new bid to stop price spikes could actually send costs up. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
The bill could force oil refineries in California to keep fuel reserves.
The cheapest way to lower gas prices is to allow oil companies to increase crude oil production in California and rely less on supply from overseas, Reheis-Boyd said.
Short squeeze on gas pushes prices to a fresh 3-month intra-day high