Eliyahu Kamisher
Eliyahu Kamisher
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California lawmakers promise relief with probe into 'gas price gouging'

California lawmakers promise relief with probe into 'gas price gouging'

By | | Bay Area News GroupDemocratic lawmakers in the State Assembly announced a probe into California’s oil and gas market on Monday, saying profiteering in the industry is partially behind the state’s record high gas prices that are hovering around $6.40 a gallon.The oil industry has a “foot on our necks and a hand in our pockets,” Assembly Speaker Anthony Rendon said during a news conference announcing a committee to investigate the industry’s pricing practices.“These are companies that are obviously ripping off California consumers, and we need to ask tough questions about them and...

Jun 20
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