Newsom Blames Big Oil For One Of California’s Big Problems
Governor Gavin Newsom said Friday he will call a special session of the state Legislature in December to punish oil companies for “rank price gouging.” As a result of high inflation, Russia’s invasion of Ukraine, and ongoing global supply chain disruptions, gas prices soared across the nation this summer. According to AAA, while gas prices have recovered somewhat nationwide, they are still $2.58 above the national average in California, where they hit $6.39 on Friday. …