California Assembly passes measure aimed at easing gas price spikes critics say it will cause them

(The measure) will set a national example in how to fight back against outrageous price gouging at the pump. This is a critical consumer victory that takes away a tactic oil refiners have used for decades to keep gas prices and refiner profits artificially high.

I'm grateful to the Assembly for joining with me in our efforts to prevent gas price spikes and save Californians money at the pump. Just last year, price spikes cost Californians more than $2 billion, forcing many families to make tough decisions.

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