Proposed penalties for Big Oil price gouging were announced today following a special session of the Legislature called by Gov. Gavin Newsom. More info:
SAN DIEGO – Following a special session of California legislators on Dec. 5 called by Gov. Gavin Newsom, new legislation was announced that will penalize Big Oil companies for price gouging.
Big Oil corporations made record sales in the years following the pandemic, during a time when the nation has struggled economically due to job losses, worker shortages, supply chain issues, etc.
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