As California drivers face a spike in gas prices amid the Iran war, the debate over cap‑and‑invest intensifies.

European leaders are once again discussing a cap on gas prices used to generate electricity, a measure that could help reduce household energy bills across several EU countries if introduced.

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California had an ambitious plan to curb price gouging and prevent high-prices at the pump, but as fuel surges above $4.50 per gallon, a 2023 law meant to “take on big oil” continues to remain unused.

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Gavin Newsom’s green agenda and global oil turmoil will risk sending California’s gas prices above a wallet-crushing $8 a ...

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MPLX, CQP, and PBR lead the list based on a composite score of EBITDA yield, ROE, dividend yield, and payout ratio bonuses.

California already has the highest gas prices in the country, and costs at the pump are going up due to a mix of supply issues and a switch to the summer blend.

This isn’t about L.A. grabbing money from the Valley,” said State Sen. Henry Stern, D-Los Angeles, who introduced the bill.