Event

Energy Commission sets aside the margin cap, 2025

On 29 August 2025 the commissioners resolved to deprioritize the maximum margin and penalty for at least five years.

5 links, 4 backed by primary records

Connections 5

Western States Petroleum Association Sep 2025 trade group that welcomed the pause but said it fell short of repeal Self-published 1

Maximum gross gasoline refining margin Primary record 2
The Energy Commission’s August 2025 resolution concerned this authority.

Timeline 3 dates

Proof 3 sources

WSPA Statement on Energy Commission Vote to Pause Refinery Margin Cap Proposal, Western States Petroleum Association, 5 Sep 2025. Self-published
While today’s action by the CEC stopped short of a full statutory repeal or a 20-year pause, it represents a needed step to provide some certainty for California’s fuels market.
SB X1-2 and AB X2-1 Implementation, California Energy Commission. Primary record
At the August 29, 2025 Business Meeting, the Commissioners resolved to deprioritize implementing the maximum GGRM and penalty for at least five years while the state continues to develop and implement a sector-wide managed transition strategy.
Staff Report: Senate Bill X1-2 Implementation, Maximum Gross Gasoline Refining Margin and Penalty (docket 23-OIIP-01, TN 266420), California Energy Commission. Primary record
The CEC’s preliminary analysis demonstrates that imposing a maximum gross refining margin penalty at this time may affect refiners’ capital outlay plans in essential refinery maintenance and upgrades
DPMO assesses that a well-designed maximum GGRM and penalty would, in theory, induce refiners to supply greater quantities at lower prices

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