California bill aimed at preventing gas price spikes passes state Senate
The California state Senate has passed a bill aimed at preventing gas prices from spiking at the pump.
Watch CBS News
The California state Senate has passed a bill aimed at preventing gas prices from spiking at the pump.
When California Democrats accept oil money or vote against "climate-friendly" bills, they are often criticized or accused of being beholden to the oil industry. But are they?
California Gov. Gavin Newsom called the Legislature into the special session Saturday after Democrats in the Assembly pushed back on his efforts to pass an energy package that he unveiled last week.
A Stockton gas station owner took it upon himself to keep prices low. At Ernie's General Store, the cash price for a gallon of gas is $3.99.
A new plan could change the rules of the road when it comes to how drivers are paying their share of highway repairs.
Ryan Yamamoto reports on Bay Area gas prices reaching new highs with the cost for a regular gallon topping $7.
The cost of filling up is rising ahead of the summer driving season, as peak demand and geopolitical issues converge.
People are talking about the latest surge in gas prices around the Bay Area. AAA spokesperson, John Treanor comes to the Morning Edition to break down the prices as they are much higher than the statewide average. (04-12-2024) Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Pain at the pump is returning across the United States, especially in California where gas prices are rapidly approaching -- and in southern parts of the state, surpassing -- $6 a gallon.
Anne Makovec reports on Bay Area drivers suffering when they fill up due to rising gas prices (9-20-2023)
Ryan Yamamoto reports on gas prices continuing to climb in California and across the Bay Area (9-19-2023)
The average price of a gallon of regular gasoline has risen about 30 cents in the last month. The increase is due in part to scorching temperatures which have forced some oil refineries, which are not designed to operate about 95 degrees, to cut production. Kris Van Cleave has more.
Drivers in the state of Washington are celebrating the official start of summer with an unwelcome sight: America's most expensive gas prices.
California lawmakers on Monday approved the nation's first penalty for price gouging at the pump, voting to give regulators the power to punish oil companies for profiting from the type of gas price spikes that plagued the nation's most populous state last summer.
Chevron has not complied with a new California law requiring it to disclose how much money it is making from selling gasoline in the state, setting up a showdown with state regulators.
The bill is still sitting in the Democratic-controlled Legislature three months later, with no details on how much the penalty would be or when oil companies would have to pay it.
2022 proved to be a record year at the gas pump. While 2023 is just getting started, some experts believe there won't be as much pain at the pump.
As multiple winter storms pound California with heavy amounts of rain and snow, along with damaging winds, Attorney General Rob Bonta alerted consumers to watch for illegal price gouging.
As the holiday season arrives, many drivers across the country will see cheaper gas prices, for now. Rachel Wulff reports. (12/19/22)
Team coverage of Gov. Newsom's new plan to prevent oil companies from gouging gas consumers, including an interview with UC Berkeley Professor Severin Borenstein (12-5-2022)
Governor Gavin Newsom on Monday unveiled a proposed penalty aimed at deterring oil companies from excessive gas price increases as the state legislature gathered for a special session.
Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
Governor Gavin Newsom is scheduled to convene a special session to consider a windfall profit tax on oil companies
Andrea Nakano reports on what experts are saying about a proposed windfall profit tax on gas companies (10-26-2022)
Dow swings more than 1,300 points as investors glimpse reasons for hope in September consumer price index.
