California Gov. Newsom signs law to prevent gas prices from spiking in state with country's highest pump costs
Briefly

Gov. Gavin Newsom criticized the oil industry, stating, "They continue to lie, and they continue to manipulate. They have been raking in unprecedented profits because they can."
Catherine Reheis-Boyd, president of the Western States Petroleum Association, argued, "Legislators still fail to understand our industry or what drives high gas prices. Regulators remain fixated on controlling businesses with more taxes, fees, and costs."
Read at Fortune
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