The Latest Breaking News from Severin Borenstein

California lawmakers on Monday approved Gov. Gavin Newsom's legislation to increase transparency in the oil industry, in the final hours of a special session he called last year to penalize excessive profits.

SACRAMENTO, Calif. — As lawmakers debate who is to blame for California’s high gas prices, Attorney General Rob Bonta is seeking millions of new dollars to investigate and possibly sue oil companies over the matter.

SACRAMENTO, California — Consumer advocates and oil industry representatives launched opening salvos Tuesday in a bitter debate over whether oil companies are “price gouging” drivers or are themselves actually the victim of California’s green policies squeezing out fossil fuel industries.

California is poised to reduce payments to homes and businesses that go solar for clean electricity they supply to the power grid — a landmark shift in how the state promotes a crucial technology for fighting climate change.

LOS ANGELES — California officials have had repeated warnings over the last two decades that the state’s unique blend of gasoline is susceptible to supply shortages and sharp price spikes.

SACRAMENTO, Calif. — When gas prices rise, it instantly fuels political rhetoric about price gouging and the need to help motorists pay at the pump. It's as automatic as pushing the starter button and hearing the engine crank up.

As Californians look down the barrel of gasoline prices just cents away from hitting another all-time record, Gov. Gavin Newsom is quick to blame the oil industry for “ripping you off.” But even as Sacramento considers levying a punitive tax on oil companies, experts say state regulators have woefully little…

SAN JUAN CAPISTRANO, Calif. — When Amy Sibley heads to the Costco here from her home in nearby San Clemente, her best friend, Lisa Miller, tags along — to save gas money.

LOS ANGELES — California is getting another reminder of the volatility of its energy supply as shutdowns at several oil refineries have sent gas prices soaring, including to all-time highs Monday in Los Angeles.