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California looks to penalize oil companies’ huge profits | On Balance
Posted
December 7, 2022
Views
1,882
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95
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December 7, 2022
1,882
95
42
7.28%
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4:40Now PlayingCalifornia Gov. Gavin Newsom has a new plan to take on big oil companies. NewsNation host Leland Vittert says the governor wants to fine the companies for making too much money. Right now, Californians pay $1.30 more for gas than the rest of the country, according to national averages from AAA. Newsom says oil companies are price gouging and that’s part of the reason they made record profits last quarter. California Assembly Republican leader James Gallagher weighs in on the announcement.
#California #gas #oil
"On Balance with Leland Vittert" takes a critical look at some of the day's hottest subjects. Weekdays at 7p/6C.
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