The gasoline price gouging that has plagued California periodically for decades appears no longer to be merely sporadic. It’s now a steady phenomenon.Elias: Gov. Newsom’s move on fentanyl antitode all anyone can ask of governor
Now comes the Consumer Watchdog advocacy group, which over the last 35 years has saved California drivers more than $13 billion in car insurance premiums via the rules set in 1988’s California Proposition 103, authored primarily by the group’s founder, lawyer Harvey Rosenfield. The industry, Gov. Gavin Newsom and the current state insurance commissioner, Ricardo Lara, are feverishly trying now to decimate Prop. 103, and Consumer Watchdog is contesting that attempt.
“Every price spike during the last decade has seen a corresponding margin/profit spike,” said Jamie Court, Consumer Watchdog’s president. He added that failing to impose a profit ceiling on the refiners, which the commission now has the authority to do, would be “equivalent to giving in to terrorists when we have laws that penalize terrorism.”