Reported about 4 hours ago
California Governor Gavin Newsom has signed a new law to prevent sudden spikes in gas prices, responding to rising energy costs and the oil industry's impact on consumers. The legislation empowers energy regulators to require refineries to maintain a minimum fuel supply, aiming to stabilize prices during outages. While proponents believe it could save Californians billions, critics warn it may inadvertently increase overall prices and complicate refinery maintenance.
Source: YAHOO