Gov. Gavin Newsom signs an oil profits penalty plan that is supposed to keep California gas prices under control. The oil ...

By engaging directly with Democratic lawmakers, California Gov. Gavin Newsom secured a victory in his war with Big Oil.

Gov. Gavin Newsom signed legislation that could force the oil industry to cap profits and reveal gas price data in its largest U.S. market – demonstrating his clout in a state dominated by ...

After months of deliberation, the final bill does not cap oil refinery profits or penalize the industry as Newsom had intended when he accused companies of intentionally driving up gas prices to ...

Gov. Gavin Newsom on Tuesday signed a bill he championed to fight alleged price gouging by oil companies in California.

Newsom at oil refiner penalty bill signing ... information and data from refiners to consider whether to set a cap on company profits and a potential penalty when the cap is exceeded.

Newsom announced a major revision. The new language pushes more responsibility to the Energy Commission, which will compel oil companies to provide information and potentially set a profits cap ...

Gavin Newsom’s proposal to bring down California’s high gas prices by going after oil companies over their recent record ...

The California governor's oil profits cap is another blow to one of Sacramento's most formidable lobbying powers.