Reporters Desk | Contributed
Gov. Gavin Newsom took action Feb. 6 urging the federal government to investigate the recent price spike affecting the Western U.S. and highlighted the state’s action to provide relief to Californians.
In a letter to the federal agency responsible for regulating wholesale natural gas, the Federal Energy Regulatory Commission or FERC, the Governor requested that the agency “immediately focus its investigatory resources on assessing whether market manipulation, anticompetitive behavior, or other anomalous activities are driving these ongoing elevated prices in the western gas markets.”
Additionally, millions of Californians will soon see relief from high utility bills – with credits of $90 to $120 showing up on gas and electric bills as soon as next month.
On Thursday, the California Public Utilities Commission or CPUC voted to accelerate the California Climate Credit to help California families with high gas bills.
The CPUC and the California Energy Commission Feb. 7 will host an en banc hearing to examine the causes and impacts of the recent spike in natural gas prices.
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