gas prices

Governor Gavin Newsom said Thursday that he plans on putting a stop to the skyrocketing price of gas in California, potentially setting up a new battle between state legislators and oil companies. Audrey Asistio reports.

Governor Gavin Newsom said Thursday that he plans on putting a stop to the skyrocketing price of gas in California, potentially setting up a new battle between state legislators and oil companies.

Governor Gavin Newsom said Thursday that he plans on putting a stop to the skyrocketing price of gas in California, potentially setting up a new battle between state legislators and oil companies. Scott Budman reports.

Bay Area gas prices this week continued to soar, with some areas surpassing $6 a gallon on average, according to the latest AAA data. Kris Sanchez reports.

Bay Area gas prices this week continued to soar, with some areas surpassing $6 a gallon on average, according to the latest AAA data.

Gas prices in the Bay Area are spiking. So, what’s the reason for the jump and when will it stop? Scott Budman reports.

Gas prices across the Bay Area this week have seen a significant spike and are approaching $6 a gallon on average, according to the latest AAA data.

Gas prices across the Bay Area this week have seen a significant spike and are approaching $6 a gallon on average, according to the latest AAA data.

Gas prices are on the rise again in California. Audrey Asistio reports.

Gas prices are on the rise again.

Gas prices are on the rise again. Scott Budman reports.

California’s gasoline tax is scheduled to increase by 8% in July, despite the state having one of the highest tax rates on gas in the nation.

Newsom signed a new law that gives state regulators the power to penalize oil companies for making too much money, the first of its kind in the country. It’s the type of legislation the oil industry might have crushed in the past. But on Monday, the bill cleared the state Assembly with only one Democrat voting against it.

California lawmakers have approved the nation’s first penalty for price gouging at the pump.

As soon as Tuesday, Governor Gavin Newsom could sign a bill into law that would allow California to punish oil companies if they make too much money.

A bill to punish oil companies for profiting from price spikes at the pump has passed the California Senate.

Throughout our cold, snowy winter, most of our heating bills have been through the roof because of sky-high natural gas prices. In response, Governor Newsom called out the natural gas industry last month, requesting the feds investigate possible market manipulation. As Consumer Investigator Chris Chmura confirms, that’s now happening.

The average price of gas in the Bay Area was at an 18-month low Wednesday, according to AAA, and experts say the downward trend could continue.

The price for a gallon of gasoline could fall below $3 for most Americans by the end of the month.