"California consumers face the highest gas prices in the nation, and it's unacceptable. This new law equips regulators with tools necessary to stabilize these prices and protect Californians from future spikes."
"They continue to lie, and they continue to manipulate. They have been raking in unprecedented profits because they can," Newsom stated, expressing frustration with the oil industry.
"Legislators still fail to understand our industry or what drives high gas prices," said Boyd, commenting on how more oversight could harm the safety and economy.
"The law aims to prevent sudden price surges during planned outages by requiring refineries to maintain minimum fuel reserves, potentially saving billions for consumers."
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