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Gas prices in California ‘have gone ballistic’
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Gas prices in California ‘have gone ballistic’
Gas prices in California ‘have gone ballistic’
Last year California passed the Gas Price Gouging and Transparency Law, aimed at keeping a lid on refinery margins. Regulators will meet next week to iron out the details for specific rules.
Andy Lipow, president of Lipow Oil Associates, said the law’s requirements “may lead some gasoline importers to halt doing business in the state and that could exacerbate the supply situation at exactly the same time supplies from outside the state are needed.”
https://finance.yahoo.com/news/why-gas-prices-in-california-have-gone-ballistic-160544399.html
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