This story was originally published by CalMatters. Sign up for their newsletters. Three years ago, California built a first-in-the-nation system aimed at protecting drivers when oil markets turn calamitous. The Legislature passed it. Gov. Gavin Newsom signed it. He proclaimed “California took on Big Oil and won.” Its author, then-Sen. Nancy Skinner called it a “landmark law” that […]
gas prices
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New Blood, Big Oil: California Legislature Starts Special Session
California regulators would cap the profit margin for oil refiners and could fine companies that exceed that limit under a proposal announced Monday by Gov. Gavin Newsom, the latest escalation in his battle with the oil industry over a summer of record gas prices. Newsom unveiled the measure, which does not yet include key details […]
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This is How Much Money You’ll Get from the California Gas Rebate
California is sending money directly to millions of residents to help with rising costs and high gas prices. The payments, which started going out Oct. 7, range from $200 to $1,050, depending on income and other factors. About 18 million payments will be distributed over the next few months, benefiting up to 23 million Californians. […]
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Here’s How State Lawmakers Want to Help Californians with High Gas Prices
There’s a collective groan, rippling across California, as drivers pull into gas stations and see prices above $5. Gas prices per gallon are getting higher across the U.S., but prices in California are soaring higher than any other state according to the American Automobile Association. Thursday, the average price of gas in California was $5.69 […]
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What to Know About Gov. Gavin Newsom’s State of the State Speech
Even as the coronavirus pandemic finally appears to be receding, Californians are in a funk. They are nearly evenly split on whether the state is headed in the right direction, according to a survey released last month by the Public Policy Institute of California, and gave poor marks to Gov. Gavin Newsom on almost every […]