California Focus: Why a Newsom veto may help drivers ...Middle East

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One Gavin Newsom veto of a seemingly obscure, last-second effort to help boost oil company profits even beyond their prior high levels stands out as possibly the best thing he did for consumers in all of 2023. That was his nixing a last-minute gut-and-amend bill that would have made it harder for the state to act on its new law that aims to stop the oil companies from artificially and deliberately staging events that raise the pump price of gasoline – and thereby pump up their already massive profits. The bill was SB 842 by Democratic state Sen. Steven Bradford of southwestern Los Angeles County, an area that’s home to several large oil refineries. Bradford in late summer used an often abuse

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Last updated : 06 January 2024 clock 08:16 PM

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California Focus: Why a Newsom veto may help drivers ...Middle East

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