Governors Urge Delay on California Gas Legislation
Governors Urge Delay on California Gas Legislation
Governors Urge Delay on California Gas Legislation
News summary

Governors Joe Lombardo of Nevada and Katie Hobbs of Arizona have jointly appealed to California Governor Gavin Newsom to reconsider proposed legislation, ABX2-1, which could impact regional gas prices. The bill, under review in a special California legislative session, would require refineries to maintain minimum inventory levels of refined fuels, potentially causing supply shortages and raising fuel costs in neighboring states. Lombardo and Hobbs emphasize that Nevada and Arizona heavily rely on California for their gasoline supplies, and such legislation could disrupt their regional economies. They urge Newsom to delay action on the bill until thorough discussions with industry leaders and state officials from all three states can be held. The governors' bipartisan effort underscores the broader regional implications of California's policy decisions on fuel prices. Both governors argue that the proposed regulations could lead to artificially created shortages and higher costs for consumers in their states.

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