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What to know about California’s controversial new law aimed at preventing gas price spikes

  • California Governor Gavin Newsom signed a law to prevent gas price spikes, addressing issues with the oil industry and climate change impacts.
  • The law empowers energy regulators to ensure refineries maintain a specific fuel inventory to prevent price surges.
  • This measure, effective January, aims to tackle rising gas prices that surpassed $6 per gallon in two years.
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