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Newsom Blasts Chevron's Profits Amid Rising Gas Prices

4/10/2026

Summary

Story summary

On April 9, 2026, California Governor Gavin Newsom criticized Chevron over energy policy.
Newsom's office cited Chevron's first-quarter earnings up to $2.2 billion, attributing profits to rising oil prices tied to the Iran war.
Chevron warned that energy policies could lead to refinery closures and higher gas prices.
California's average gas price was $5.93 on April 9, 2026.
Newsom accused U.S. President Donald Trump of aiding Chevron through energy decisions.

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Story summary

On April 9, 2026, California Governor Gavin Newsom criticized Chevron over energy policy.
Newsom's office cited Chevron's first-quarter earnings up to $2.2 billion, attributing profits to rising oil prices tied to the Iran war.
Chevron warned that energy policies could lead to refinery closures and higher gas prices.
California's average gas price was $5.93 on April 9, 2026.
Newsom accused U.S. President Donald Trump of aiding Chevron through energy decisions.