California
Oil Profits Top Agenda as California Legislators Open Session
California’s Legislature is about to fulfill Monday to kick off the 2023 session formally and set the stage for an investigation of oil trade earnings.
Whereas the assembly is basically ceremonial, lasting sooner or later to swear members in, elect leaders, and approve the chambers’ governing guidelines, the Legislature in the end will accede to the governor’s October request to carry oil firms accountable for rising gasoline costs. Business officers say that blame is misplaced.
Excessive fuel costs contributed to the general ache of inflation within the US this 12 months, notably in California, the place costs on the pump are the best within the …