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Newsom backs legislation requiring oil companies to keep reserve supply

Phil Matier
Phil Matier
Episode • Oct 3, 2024 • 3m
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.

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