California ‘price gouging’ bill passes state Senate, heads to Assembly

Petrol fuel nozzle and cash.  Concept of gas price, taxes, ethanol and fossil fuels

JJ Gouin/iStock via Getty Images

California moved closer to passing the first law of its kind to punish oil companies for “price gouging” on Thursday, after the state Senate easily passed the measure in a special session called to speed up the process.

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