By Curt Berry, INSIDE WASHINGTON PUBLISHERS The California Energy Commission (CEC) is declining to implement a first-time cap on oil refiners’ profit margins and penalties on companies that exceed it, fearing the move could undercut Gov. Gavin Newsom’s (D) efforts to encourage more industry investment in crude oil production to avoid a transportation fuel supply […] The post California Energy & Climate Report – California Declines To Cap Refiner Profit Margins Amid Supply ‘Crisis’...
