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The California Law Limiting Gas Price Gouging Is Popular With Democrats and Republicans 2023/4/15 source: Print

A California Law Limiting Gas Price Gouging Is Popular With Democrats and Republicans.jpg

SACRAMENTO — Last month, Governor Gavin Newsom signed legislation to hold Big Oil accountable with some of the strongest transparency and oversight measures in the country, including authorizing the state to establish a price gouging penalty on the oil industry.

According to a Morning Consult report on Apr 10, voters across the country want a similar law in their states, finding that:

 “Among all registered voters, 70% believe that there should be limits to the amount of profit oil and gas companies make at the pump, including 79% of Democrats and 63% of Republicans.”

“Voters were most likely to back a requirement for oil companies to report financial information about their profit margins in their own states, with almost 7 in 10 saying they’d support that proposal. That measure was also most popular among Democrats (78%), independents (69%) and Republicans (61%).”

“At least 3 in 5 voters back state-level gas profit laws similar to those in California.”


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