California Fuel Watchdog Subpoenas Gas Stations Over High Prices
A driver refuels a vehicle with unleaded gasoline at a gas station in Palo Alto, California.
Photographer: David Paul Morris/BloombergCalifornia’s fuel watchdog has issued subpoenas to gasoline stations across the state that are charging anomalously high prices and not cooperating with agency requests.
The Division of Petroleum Market Oversight, an independent agency within the California Energy Commission, said in March it was keeping a close watch on potential price gouging as the Iran war spiked fuel costs across the globe. DPMO said it was engaging with retailers whose “high prices may not be justified by increases in their input costs,” the agency said in a public notice.