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SACRAMENTO, Calif. (AP) — California's skyrocketing gas prices could be driven by "possible market manipulation" by a handful of well-known retailers, according to a new government analysis.In a memo to Democratic Gov. Gavin Newsom, the California Energy Commission said at the end of April the difference between the state's gas prices and the national average increased by more than a dollar — "the highest increase ever seen." After accounting for the state's additional taxes and other program costs, the increase has ranged between 17 cents and 34 cents per gallon since 2015.The agency noted the price jump "roughly matches" the period in 2015 when an explosion at Exxon Mobil's refinery in Torrance crippled production in the state for more than a year. But the refinery has restored normal operations, suggesting other factors are driving up the price of fuel.One possible explanation the commission identified is some retailers are charging higher prices than others "for essentially the same product." The commission noted Chevron, Shell, Exxon, Mobil and 76 have doubled their prices compared to ARCO, unbranded retailers and hypermart locations, which include stations associated with supermarkets or big-box retail stores."While this practice is not necessarily illegal, it may be an effort of a segment of the market to artificially inflate prices to the detriment of California consumers," the commission noted in its report.Agency officials said this type of price increase would normally drive customers to lower-priced competitors. From 2010 to 2017, the commission said the percentage of gasoline sold by Chevron, Shell and 76 retail stores dropped by about 3 percentage points combined.However, the commission noted its preliminary estimates are "imprecise." Agency officials have proposed studying the issue for the next five months and then presenting the governor with a full report.Western States Petroleum Association President Catherine Reheis-Boyd said lots of factors can explain why California's gas prices are higher than the national average, including the state's mandated fuel blend requirements, increasingly high state taxes and regulations that include the Low Carbon Fuel Standard Program."This report provides further evidence of what market experts and government agencies have maintained for years: there are many factors that influence movement in the price of gasoline and diesel, but the primary driver is the dynamics of supply and demand of crude oil," Reheis-Boyd said. 2523

Richard Cordray is stepping down from his post leading the Consumer Financial Protection Bureau.Cordray said Wednesday that he plans to resign as director at the end of the month."It has been a joy of my life to have the opportunity to serve our country as the first director of the Consumer Bureau by working alongside all of you here. Together we have made a real and lasting difference that has improved people's lives," he said in a note to CFPB staff.Cordray, who was appointed by President Obama, has served as the agency's chief since 2013.The CFPB was created in 2011 as part of the Dodd-Frank reforms that followed the 2008 financial crisis.  664

SACRAMENTO, Calif. (KGTV) — Building on his recently announced initiative to move California away from gas-powered vehicles, Gov. Gavin Newsom says California will dedicate 30% of its land to conservation by 2030.Newsom said Wednesday that under an executive order, the state will direct agencies to store carbon in the state's natural and working lands and remove it from the atmosphere to preserve more than 30% of the state's land and coastal waters by 2030.The move is also meant to combat species and ecosystem loss, according to the governor's order."Once again, California is taking on the mantle of global climate leadership and advancing bold strategies to fight climate change," a statement from Newsom read. "The science is clear that, in our existential fight against climate change, we must build on our historic efforts in energy and emissions and focus on our lands as well. California’s beautiful natural and working lands are an important tool to help slow and avert catastrophic climate change, and today’s executive order provides important new tools to take on this existential threat."To hit climate goals, agencies will be directed to practice:Healthy soils management, including planting cover crops, hedgerows, and compost applications,Wetlands restoration to protect coastal areas,Active forest management to reduce risk and restore forest health,Boost green infrastructure in urban areas like trees and parksLast month, Newsom announced California will phase out all gasoline-powered cars by 2035 in an effort to reduce the state's emissions. The executive order will require all new car and passenger trucks sold in the state to be zero-emission vehicles, but it will not make it illegal for Californians to own gas-powered vehicles or resell them as used cars. 1796

SACRAMENTO, Calif. (AP) — A Northern California Republican is set to join her husband in the state Legislature, with her Democratic special election opponent conceding but promising a rematch next year.Megan Dahle had 58% of Tuesday's special election vote to 42% for Democrat Elizabeth Betancourt.Dahle is set to succeed her husband, Brian, a Republican who represented Assembly District 1 until he won a special state Senate election in June.Close the Gap California says she'll give California's 120-member Legislature a new state record of 38 women.Dahle and her husband have a wheat farm and a related seed grain transport business in Bieber, 250 miles northeast of Sacramento. The sprawling Assembly district covers nine counties from suburban Sacramento to the state's northeastern corner and covering all or parts of nine counties. 847

RIO LINDA, Calif. (AP) -- Santa found himself a little more tied up than usual this time of year.A Northern California man impersonating Santa Claus and flying on a powered parachute was rescued after he became entangled in power lines.The incident happened Sunday shortly after the man took off near a school in Rio Linda to deliver candy canes to children.KCRA-TV reports the man flew into a maze of power lines and wound up suspended in them.Officials say power was shut off to about 200 customers in the Rio Linda area during the rescue.The man, who wasn't identified, was not injured. 597

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