Newsom backs legislation requiring oil companies to keep reserve supply
The State Senate plans to reconvene next week to take up legislation backed by Governor Newsom, requiring oil companies to keep a reserve supply of gas on hand. Newsom says that reserve would prevent price spikes in case of a refinery outages in the future.
The Governor called a special session last year to deal with high gas prices. And the state has a goal requiring all new vehicles sold in California being zero emissions by 2035.
For more on this, KCBS Radio anchor Patti Reising spoke with KCBS Insider Phil Matier.
The Governor called a special session last year to deal with high gas prices. And the state has a goal requiring all new vehicles sold in California being zero emissions by 2035.
For more on this, KCBS Radio anchor Patti Reising spoke with KCBS Insider Phil Matier.
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