Oil refiners have been required to report certain price data to the state for the past year and a half.
California’s Energy Commission says the state’s annual average gas price is on track to be the lowest in the past three years.
California’s gas prices have come down this fall. The energy commission says the decrease is in part because of price transparency measures Governor Gavin Newsom recently signed into law.
But energy experts, like Severin Borenstein, say it isn’t that simple…