Concept

Maximum gross gasoline refining margin

A cap on refiners’ gasoline margin, with a penalty above it, that SB X1-2 lets the Energy Commission set if benefits to consumers outweigh costs.

2 links, 2 backed by primary records

Connections 2

Energy Commission sets aside the margin cap, 2025 Primary record 1
The Energy Commission’s August 2025 resolution concerned this authority.

Proof 3 sources

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.
Authorizes the CEC to set a maximum gross refining margin and to impose a civil penalty for exceeding that margin.
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 commission shall not set a maximum gross gasoline refining margin or accompanying penalty under subdivisions (b) and (c), respectively, unless it finds that the likely benefits to consumers outweigh the potential costs to consumers.
SB X1-2 (Skinner): bill analysis, Senate Committee on Energy, Utilities and Communications, California Senate Committee on Energy, Utilities and Communications, 22 Mar 2023. Primary record
Authorizes the CEC to establish a maximum margin, which is the maximum amount of the gross gasoline refining margin excluding state program costs (essentially a refiner’s profit).

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