California lawmakers to meet, eye big oil's high gas prices

  • 📰 CBSLA
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Democratic Gov. Gavin Newsom has also called lawmakers into a special session for Monday to begin work on a proposed penalty for oil companies when their profits surpass a certain threshold.

California lawmakers are preparing to return to work for a special session on gas prices. State lawmakers are scheduled to convene on Monday to swear in new members and elect leaders for the 2023 legislative session.

Democratic Gov. Gavin Newsom has also called lawmakers into a special session on that same day to begin work on a proposed penalty for oil companies when their profits surpass a certain threshold. The proposal likely won't be debated until January. More than a quarter of the Legislature's 120 lawmakers could be new members following the November elections, depending on the outcome of some close races.© 2022 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.Please enter email address to continue

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You should eye your states higher-than-the-national-average gas tax.

Yo gava gava how about you repeal the gas tax period

California needs to crack down on corporations Full stop

The oil companies will just pass the tax onto us geniuses.

Suspend the gas tax

They have made billions while Americans pay the price. Can’t wait to see the USA all electric and oil companies go under once and for all!

Biden actually said he would shut down Big Oil and transition to electric everything. Can’t blame them for taking profits when the President says he’s attacking the oil industry. Gavin’s fault too for the massive taxes on gas.

Now do the gas tax!

Gavin is gaslighting all of us. Wake up and see what a fraud this guy is.

Good go after those weasels.

Gav could lower the CA taxes on gas

GavinNewsom Please make all gas in California under $5.00 per gallon ASAP

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 552. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

California lawmakers to meet, eye big oil’s high gas pricesFurious about oil companies’ supersized profits after a summer of record-high gas prices, California Gov. Gavin Newsom on Monday will formally start his campaign to punish big producers by asking t…
Source: mercnews - 🏆 88. / 68 Read more »