Newsom Signs Price-Gouging Penalty Bill for Oil Companies

California Gov. Gavin Newsom signed a measure March 28 that plans to people lipid companies with a windfall-profits punishment law, aft it was rushing done some chambers of the Legislature successful a week. The instrumentality volition make caller regulations and extended oversight for lipid companies and allows an appointed committee to contented fines and penalties for earning profits beyond state-imposed limits. “We proved that we could really bushed large oil...