Tag: Gas Prices
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California attorney general supports bill that would allow penalties against oil companies for high gas prices
As California lawmakers advance a bill that could ultimately punish oil companies for excessive profits, the state’s attorney general says that the legislative action will help hold oil companies accountable.
Gov. Newsom Calls for Federal Investigation of High Natural Gas Prices As California Provides Relief
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.
Gas prices dip just below $4 for the first time in 5 months
Gasoline prices dipped to just under the $4 mark for the first time in more than five months — good news for consumers who are struggling with high prices for many other essentials.
How much for gas? Around the world, pain is felt at the pump
At a gas station near the Cologne, Germany, airport, Bernd Mueller watches the digits quickly climb on the pump: 22 euros ($23), 23 euros, 24 euros. The numbers showing how much gasoline he’s getting rise, too. But much more slowly. Painfully slowly.
Democrats accuse oil companies of ‘rip off’ on gas prices
House Democrats on Wednesday accused oil companies of “ripping off the American people” and putting profits before production as Americans suffer from ever-increasing gasoline prices during the war in Ukraine.
