Gov. Gavin Newsom talks to the media with legislators and community leaders after signing bill intended to prevent gas price spikes at the state Capitol on Monday, Oct. 14, 2024. Paul Kitagaki Jr. [email protected]

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom signed a law Monday aimed at preventing gas prices from spiking, marking the Democrat’s latest move in a battle with the oil industry over energy prices and the impacts of climate change.

Gavin Newsom signed a bill Monday aimed at reining in soaring gas prices that have come to symbolize California’s multi-faceted struggle with affordability. Newsom said ABX 2 1, which gives his administration new authority to regulate the dwindling number of oil refineries,

Supporters say ABX2-1 will prevent price hikes. The Western States Petroleum Association says governor's criticism of oil industry won't lower prices.

Gov. Gavin Newsom on Monday signed a bill that could force oil refineries in the state to hold onto a minimum amount of fuel — a policy he aggressively pushed lawmakers to pass in a special session as a way to prevent future spikes in gasoline prices.