California Gov. Gavin Newsom unveils plan to cap oil refinery profits

California Gov. Gavin Newsom unveils plan to cap oil refinery profits

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California Gov. Gavin Newsom has unveiled a plan to fine oil companies for making too much money and return those funds to the public. The Democratic governor unveiled the plan alongside state Sen. Nancy Skinner during a special legislative session focused solely on the oil industry. "California’s…

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