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Gas prices take center stage in Newsom’s special session

Gas prices take center stage in Newsom’s special session

Newsom proposes law to require oil companies to maintain a certain amount of supply; critics say it will lead to higher prices for consumers

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Steve Puterski
Sep 15, 2024
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North County Pipeline
North County Pipeline
Gas prices take center stage in Newsom’s special session
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Gov. Gavin Newsom called a special session of the legislature to push through a proposal to force oil refiners to keep a minimum amount of oil reserves to prevent gas cost spikes. Critics say the upfront capital costs will increase costs to consumers. Courtesy image
Gov. Gavin Newsom called a special session of the legislature to push through a proposal to force oil refiners to keep a minimum amount of oil reserves to prevent gas cost spikes. Critics say the upf…

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