“Gas is just ridiculous! I don’t want to pay $6 a gallon, but I am, almost,” she said.
The new law requires oil refineries to report mountains of new data to the state of California, including when they’re off-line and what their profits are. The California Public Interest Research group says it will make a difference over time.“What the bill does is create better transparency in the gas marketplace sot hat we can hold oil companies accountable for needlessly overcharging Californians and then actually penalize them for excess profits,” said Jenn Engstrom, CALPIRG state director.