California is notorious for its high gas prices, but a new law now in effect has tools to root out price gouging.
Governor Gavin Newsom signed the law earlier this year after calling out the so-called “Big oil” for fleecing families at the gas pump.
Since the law passed experts said California gas prices have dropped.
MORE: https://www.cbs8.com/article/news/local/california/gas-price-gouging-law-in-effect-in-california/509-0bef23f6-4d0b-450e-bff5-09bbcdd0bd49
17 Comments
The only one price gouging us is the state! If they cared about gas prices they would lower the insane taxes!!
If they are so worried about how much people pay at the pump they should also lower the gas tax.
Finally😊
Drop the taxes
Stop complaining we are paying $3 dollars per litre here in Aotearoa New Zealand
Ain't gonna change a damn thing.
Anytime the state government comes up with a new law, things will just cost more.
It's been known that you can't set prices by law since ancient Rome. Literally all this law accomplishes is increase costs to the companies that now have to create and review reports under this law. That means high level executives' time, lawyers' time, and information gathering at lower levels. It's all more money. Except now some idiot intern sucking Newsom off under his desk will also get a stack of papers he's never going to look at every month.
This will solve nothing! always remember, the more gov regulation = the more you pay .. the more they open the opportunities for a free market to compete, the cheaper things will get. leftist/ democrat/ commies ideas never worked anywhere and it will NEVER work, like ever! Newsom is a scammer! remove gas tax instead! its a dollar per EACH GALLON you thief!
California regulators are fully captured and this Newsom showboating will be fully shown up to be grandstanding. See if his donations from the refineries will go down this year – NOT.
consumer watchdog? good very good
Why didn’t REPUBLICANS support this law? Oh that’s right they are on the side of the oil conglomerates and the pharmaceutical corporations and the insurance giants and the list goes on and on…
It's the Tax😅
Nationalize Petroleum, like other nations that have oil do.
Good ole commiefornia
The greedy middle easterners that own gas stations aint gonna like that 😂
Drop the tax!