Newsom Takes Action to Provide Relief from Soaring Gas Prices in California
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In an attempt to provide relief from soaring gas prices, Gov. Newsom instructed regulators to accelerate the switch to cheaper winter-blend gasoline.
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Analysts expect the waiver to lead to dip in prices within days, dropping up to 75 cents per gallon by Halloween.
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Newsom blamed oil companies for "ripping off" customers and directed a new state agency to propose reforms to protect Californians.
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Republicans urged Newsom to call a special session and suspend the state gas tax, which is among the highest in the nation.
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Critics say California's reliance on foreign oil imports and barriers to increasing domestic production contribute to higher prices.