CA Senate approves Newsom's proposal to scrutinize, possibly penalize oil refiners when they make too much money

Gov. Gavin Newsom’s proposal to allow state regulators to consider a penalty on oil refiners when they make too much money off of California drivers cleared a major legislative hurdle on Thursday when it passed through the State Senate. In a 30-8 vote, state senators agreed to send the measure to the Assembly, where it’s expected to be heard as soon as next week.