Calif. Takes Aim at Gas Price Gougers. Here’s Why it’s Hard.

December 19, 2023

E&E News

Energy Institute Faculty Director, Severin Borenstein, comments on the effectiveness and implications of gas price gouging penalties in E&E News.

““You’re not going to prosecute anybody simply for making a lot of money,” said Severin Borenstein, faculty director of the Energy Institute at University of California, Berkeley, Haas School of Business. “Making a lot of money is not illegal.”