California Passes Law To Penalize Oil Companies Overcharging Customers At Gas Stations | Carscoops carscoops
“For too long, Big Oil has operated in the shadows while taking advantage of families & raking in record profits. CA is taking action to get the answers consumers deserve – enhancing the state’s authority to analyze why Californians have seen unexplained higher gas prices,” Newsom said in a tweet on Thursday.
The law goes into effect on June 26th, 2023 so it’ll be some time before we know how effective it’ll be at dragging gas prices down. Jasmeet Bains, a democrat from a district where California’s oil industry resides, voted against the bill citing inconsistencies in the government’s strategy to reduce pain at the pump, according to the
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australia passes tougher emissions reduction law that hits gas investmentsNew rules that cap total Australian greenhouse gas emissions and curb some new gas and coal investments in the country will come into effect on 1 July after parliament passed an upgraded emissions reduction plan on Thursday.
Read more »
Australia passes law forcing firms to disclose gender pay gapAustralia on Thursday passed legislation requiring firms with more than 100 employees to publish their gender pay gap from early next year, as part of the Labor government's attempts to improve working conditions for women.
Read more »
Florida legislature passes law allowing concealed carry without a permitFlorida lawmakers passed a law allowing the concealed carry of a loaded firearm without a permit. The bill would call for 'constitutional carry,' as described by pro-gun activists.
Read more »
Montgomery County passes law requiring gas stations to display credit price of regular gasolineThe Montgomery County Council in Maryland passed a law Tuesday mandating that gas station owners post both the lowest price and, if applicable, the credit card price for regular gasoline.
Read more »
California may end ban on travel to 23 GOP states after law backfiresA California lawmaker is attempting to roll back California's growing list of states where government-funded travel is prohibited due to perceived discriminatory laws.
Read more »
New California gas price law another defeat for oil industryIt's the latest in a string of legislative defeats for the oil industry. California was once one of the leading oil producers in the United States.
Read more »