The petroleum industry has pushed back, saying the mandate would hurt consumers.
Chevron had been headquartered in California for over 140 years, giving it strong roots in this state. However, the toxic policies of California ’s lawmakers and regulators have killed those roots.Sacramento sees gasoline firms and petroleum refineries as cash cows that will always agree to be milked despite being made into a climate villain and accused of corporate greed.
Such reserves would shield Californians who already pay some of the highest pump prices in the nation from the sort of run-ups seen in 2022 and 2023, said Tai Milder, a Newsom appointee who leads the state’s Division of Petroleum Market Oversight. If such a measure had been in place, it would have saved consumers as much as $650 million last year alone, he said.
Inflation is hurting the average Californian. However, gasoline is still a good value for money, especially compared to the inflation rate for food.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
California Gov. Gavin Newsom Appears to Go All-In on Ending Homeless EncampmentsNewsom threatens to take money from counties and cleans-up camps as a photo-op.
Read more »
California Gov. Gavin Newsom nudges school districts to restrict student cellphone useSACRAMENTO, Calif. (AP) — California and South Carolina could become the next states to limit cellphone use in schools, with state officials planning to take...
Read more »
Thieves Target Three 7-Eleven Stores Right After California Gov. Newsom Signs Anti-Crime MeasureMeanwhile, California Proposition 36 (Increase Drug and Theft Penalties and Reduce Homelessness Initiative) is likely to pass in November and help really reign in the lawlessness we have been covering for the past few years.
Read more »
California governor vows to take away funding from cities and counties for not clearing encampmentsCalifornia Gov. Gavin Newsom on Thursday had a message for local governments: clean up homeless encampments now or lose out on state funding next year.
Read more »
New California laws aim to reduce smash-and-grab robberies, car thefts and shopliftingSACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom on Friday signed a bipartisan package of 10 bills that aims to crack down on smash-and-grab robberies ...
Read more »
California Reparations Supporters Threaten Newsom: Sign the Bill or We Won’t Vote for Kamala'This is going to have a direct impact on your friend, Kamala Harris, who is running for president.'
Read more »