Compare Versions


Bill PDF |Add To My Favorites |Track Bill | print page

AB-1591 Energy: petroleum pricing.(2023-2024)



Current Version: 02/17/23 - Introduced

Compare Versions information image


AB1591:v99#DOCUMENT


CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

Assembly Bill
No. 1591

Introduced by Assembly Member Wallis
(Coauthors: Assembly Members Alanis, Chen, Megan Dahle, Davies, Dixon, Essayli, Vince Fong, Gallagher, Lackey, Mathis, and Joe Patterson)

February 17, 2023

An act to add Section 25365 to the Public Resources Code, relating to energy.


LEGISLATIVE COUNSEL'S DIGEST


AB 1591, as introduced, Wallis. Energy: petroleum pricing.
The California Oil Refinery Cost Disclosure Act requires operators of refineries in the state that produce gasoline meeting California specifications, within 30 days of the end of each calendar month, to submit a report to the State Energy Resources Conservation and Development Commission containing certain information regarding its refining activities related to the production of gasoline that month. Existing law requires the commission to post the reported data, in aggregate, on its internet website within 45 calendar days of the end of each calendar month.
This bill would require the commission to post and regularly update a dashboard on its internet website that includes the difference in average gasoline prices in California compared to national average gasoline prices, the identification of California-specific taxes, fees, regulations, and policies and their individual contribution to gasoline prices in the state, and any substantiated evidence of price gouging or other anticompetitive behavior within the petroleum industry and its contribution to the price differential.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: YES   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 25365 is added to the Public Resources Code, to read:

25365.
 The commission shall post and regularly update a dashboard on its internet website that includes all of the following information:
(a) The difference in average gasoline prices in California compared to national average gasoline prices.
(b) The identification of all California-specific taxes, fees, regulations, and policies that directly or indirectly contribute to higher gasoline prices within the state, and the relative contribution of each individual tax, fee, regulation, or policy to the price difference identified in subdivision (a), including taxes, fees, regulations, and policies that contribute to higher costs for entities subject to Section 25354, to the extent that these higher costs are passed on to consumers.
(c) Any substantiated evidence of price gouging or other anticompetitive behavior within the petroleum industry, and the relative contribution of this behavior to the price difference identified in subdivision (a).