Policies & Impacts

California Energy Panel Defers Debate on Giving Gasoline Producers a Regulatory Break

Resolutions pausing a profit cap and refinery restrictions imposed under a 2023 law are tabled to allow ’more time for public input,' an official said.
California Energy Panel Defers Debate on Giving Gasoline Producers a Regulatory Break
Gasoline prices at a Shell station in Los Angeles on Oct. 5, 2023. Patrick T. Fallon/AFP via Getty Images
John Haughey
John Haughey
Reporter
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The California Energy Commission (CEC) has tabled a resolution calling for a pause in implementing a 2023 state law that would impose financial penalties on gasoline producers accused of accruing “excess profits” while “price gouging” consumers.

“Given the timing of this, we felt like it was best to have more time for public input and engagement in these issues and get that feedback,” CEC Deputy Director Jeremy Smith told the four-member panel during its Aug. 13 meeting in Sacramento.

John Haughey
John Haughey
Reporter
John Haughey is an award-winning Epoch Times reporter who covers U.S. elections, U.S. Congress, energy, defense, and infrastructure. Mr. Haughey has more than 45 years of media experience. You can reach John via email at [email protected]
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