Chevron sign
A Chevron gas station sign along Interstate 5 in Encinitas. REUTERS/Mike Blake

Governor Newsom signed a new bill Monday meant to curb gas price spikes.

The measure, which passed the California Assembly with a 41-6 vote, allows the state’s energy commission to set new laws around fuel storage and refinery maintenance.

Opponents of the bill — including four democrats who voted against the legislation — argue that it will actually raise prices for consumers.

Senate Minority Leader Brian Jones (R-San Diego) was particularly critical of the governor, calling him a “lame duck” who is trying to “force” Californians to buy an electric vehicle. Newsom also drew fire from leaders in his own party, with Arizona Governor Katie Hobbs raising concerns that the bill would slash Arizona’s gasoline supply.

Despite this, Newsom has stood his ground, arguing that his proposal will save consumers hundreds of millions of dollars a year.

The bill will take effect on Jan. 13, 2025.