Price gouging Penalty Passes First Hurdle; Consumer Watchdog Testifies In Assembly About Need for Penalty and Transparency Reforms, $590 Million Oil Exec Stock Grab

SACRAMENTO, Calif., March 22, 2023 /PRNewswire/ — SBx1 2, the newly amended proposal for a price gouging penalty and oil refiner transparency, passed its first test in the California Senate Utilities, Energy and Communications Committee by a vote of 12 to 2 today. “Senate Democrats have…