Tackling Gas Price Spikes
MONDAY, OCTOBER 28
PROGRAM #10567 12:00 PM PT
Tackling Gas Price Spikes.
Amid escalating gas prices, California Gov. Newsom signed a new law he says will help avoid gas price spikes as Californians pay the most for gas in the nation. The new measure, to take effect in January, allows the state to require oil refiners to store more fuel to avoid supply shortages that create higher gasoline prices for consumers and higher profits for the industry. Republicans replied by introducing bills geared to lower gas taxes and give more oil drilling permits. Political activists on both sides of this issue debate the effects of the new law.
Guests: Araceli Martinez, Reporter, Los Angeles, CA; Argelia León, Director of Strategic Alliances and Policy for the Southwest, Western States Petroleum Association-WSPA, Sacramento, CA; Arturo Carmona, President, Latino Media Collaborative, Los Angeles, CA.
Photo: Governor Gavin Newsom
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