Asm. Mike Gipson Hosts Hearing on Big Sports Events’ Impact on Calif. Economy
By Antonio Ray Harvey, California Black Media
On Oct. 1, during a special session, the California Assembly advanced Gov. Gavin Newsom’s proposal to prevent gasoline price spikes, according to the Governor’s office and lawmakers backing the measure.
The Assembly passed Assembly Bill (AB) x2-1, authored by Assemblymember Gregg Hart (D-Santa Barbara) and Assembly Majority Leader Cecilia Aguiar-Curry (D-Winters). The bill is on its way to the Senate for consideration.
If approved, ABx2-1 will empower the state to require oil refiners to maintain a minimum inventory of fuel to avoid supply shortages that trigger higher gasoline prices for consumers — and leading to higher profits for the industry.
In addition, ABx2-1 would authorize the California Energy Commission (CEC) to require refiners to plan for resupply during maintenance outages. The bill passed with a 44-18 vote, with 17 Assemblymembers not voting.
“Just last year, price spikes cost Californians more than $2 billion — forcing many families to make tough decisions like choosing between fueling up or putting food on the table,” Newsom stated. “This has to end, and with the legislature’s support, we’ll get this done for California families.”
Several members of the California Legislative Black Caucus (CLBC) voted in favor of the measure, including Assemblymembers Chris Holden (D-Pasadena), Reggie Jones-Sawyer (D-Los Angeles), Tina McKinnor (D-Inglewood), Kevin McCarty (D-Sacramento), Corey Jackson (D-Moreno Valley), Akilah Weber (D-La Mesa), and CLBC chair Lori Wilson (D-Suisun City).
During the debate, before the vote, Jones-Sawyer said high gas prices are affecting the livelihood of his constituents in South Los Angeles. He told his colleagues that gas in Denver, Colo., is $2.99 per gallon while motorists in South Los Angeles are paying $5.65 per gallon.
“I am hoping that in this legislation that we do have the teeth to ensure that people in South Los Angeles will be protected and that people will understand what we are doing today makes a huge difference in people’s lives,” Jones-Sawyer said.
Assembly Minority Leader James Gallagher (R-Yuba City) offered a solution to preventing soaring gas prices. He said the state needs more storage tanks and pipelines at oil refineries when they are conducting maintenance.
“If we are talking about having a reserve of gasoline so that we can help avoid price spikes, as has been purported, we need more storage, more infrastructure to do so,” Gallagher said. “Right now, the existing pie only takes you so far and if you hold gasoline back, prices will spike.”
