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Tag: Refiners

‘Political Posturing’: Newsom Signs Law Empowering Bureaucrats To Meddle Even More With Oil Refiners

California Gov. Gavin Newsom, a Democrat, on Monday enacted legislation that would give state officials the power to monitor and direct refinery inventory levels to prevent gasoline prices from skyrocketing. Newsom signs ABX2-1This allows regulators to require oil companies to have a minimum amount of fuel on hand, and the California Energy Commission (CEC) to […]

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