UC Berkeley Econ Prof. Warns Newsom on Profit Caps for CA Refiners

Professor Severin Borenstein from the Energy Institute at UC Berkeley’s Haas School of Business, one of the preeminent experts on California’s energy market, expressed reservations about a budding effort by California Governor Gavin Newsom to implement profit restrictions and penalties on California refiners.   Soaring gas prices remain a top concern for many Californians, with state

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