California lawmakers advance Newsom's plan to prevent gas price spikes

The California State Senate on Friday advanced Gov. Gavin Newsom’s (D) controversial proposal to tighten rules on refinery fuel storage — an attempt to avoid future supply scarcity as well as price hikes at the pump.

“Californians are one step closer to getting the protections they need against Big Oil’s price spikes," Newsom said in a statement following the proposal's passage in a special legislative session.

"I’m grateful to our partners in the Senate for helping to save...