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Energy Commission staff report on the margin cap
Staff report that recommended setting aside a refinery margin cap for at least five years.
- Dates
- Aug 2025
Connections 2
part of
- Energy Commission sets aside the margin cap, 2025 Primary record 1
author
- California Energy Commission Aug 2025 Primary record 1
Timeline 2 dates
- Aug 2025 Energy Commission staff report on the margin cap
- Aug 2025 California Energy Commission authored Energy Commission staff report on the margin cap
Proof 1 source
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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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