Governor Newsom Suspends California's Summer-Blend Gasoline Requirement Amid Nationwide Price Spike
Governor Gavin Newsom has taken action to address rising fuel costs in California by suspending the state’s seasonal summer-blend gasoline requirement. This directive allows for the immediate manufacturing, importation, distribution, and sale of winter-blend gasoline in California. The Governor's office attributes the nationwide gas and diesel price spike to President Trump’s war in Iran, stating that it has driven up global oil prices. This move is intended to provide immediate relief to Californians at the pump, as the war has reportedly cost Americans over $120 billion in extra fuel costs, with California households bearing an additional $428 each. In addition to suspending the fuel requirement, Governor Newsom has directed the California Energy Commission (CEC) to publish a regular public spot-market report for gasoline and diesel to increase transparency in fuel pricing. The CEC is also tasked with collecting information on renewable diesel and considering separate reporting of its prices to highlight...