California Bill Could Penalize Oil Companies for Price Gouging

March 2023


Faculty Director Severin Borenstein elaborates on price gouging within the oil industry on Marketplace.

“Borenstein — who’s a Newsom appointee to a body overseeing the state’s electricity grid — said California has what he calls a ‘mystery gasoline surcharge.’ Much of it seems to be added somewhere between the refinery and the gas station.”

Read more about “price gouging” on JPRLos Angeles Times, CBS Sacramento, and The Fresno Bee (Opinion).