California lawmakers OK potential fines for high gas prices

Name: California lawmakers OK potential fines for high gas prices
Uploaded: 2023-03-28T05:22:43Z
Duration: 1 min 22 s
Description: California lawmakers on Monday approved the nation’s first penalty for price gouging at the pump, voting to give regulators the power to punish oil companies for profiting from the type of gas price spikes that plagued the nation’s most populous state last summer.

California lawmakers on Monday approved the nation’s first penalty for price gouging at the pump, voting to give regulators the power to punish oil companies for profiting from the type of gas price spikes that plagued the nation’s most populous state last summer.

Posted March 27, 2023 10:22pm PDT