Newsom urges federal probe into soaring prices for natural gas in California, other Western states

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The governor asked the Federal Energy Regulatory Commission to assess whether market manipulation or anticompetitive behavior contributed to rate hikes.

Gov. Gavin Newsom wrote a letter Monday to the Federal Energy Regulatory Commission urging it to investigate wholesale prices of natural gas in California and other Western states., addressed to FERC Chairman Willie Phillips, Newsom cited a sharp rise since late November that has left Californians squeezed.

“These wholesale natural gas price increases were exacerbated by early cold weather in the Western states,” Newsom wrote, “but those known factors cannot explain the extent and longevity of the price spike.”and businesses, the letter listed sectors that have been adversely affected by higher prices for natural gas: industrial, agricultural, water and wastewater utilities.

 

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No probe needed. They are price gouging and everyone knows it. Question is, will anyone do anything about it, other than launch worthless probes.

Everyone knows your party is happy to screw up the energy sector. Speak large - do nothing.

Well it's about damn time! I've been saying it for weeks now and I'm glad someone is listening: this is BLATANT market manipulation and price gouging and MUST be investigated. Thank you GavinNewsom for watching our backs. Nail 'em to the wall.

Newsom bans oil exploration.

Should probe all the no bid contracts he gave out under his emergency covid powers

A propos of nothing, this is a picture of a gouge.

An extraordinary leader.

Net accomplishment, zero. Never trust Dear Glorious Leader Nuisance near your wife.

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