Oil and business groups urge California to delay new reporting rules amid rising gas prices concerns.

Oil and business groups have urged the California Energy Commission (CEC) to delay imposing new data reporting requirements on oil and gas companies. The proposed rules would require companies to report more details on their profits, provide advance notice of refinery maintenance schedules, and submit more data on oil imports. This move comes as California Gov. Gavin Newsom and legislators imposed reporting requirements last year to reduce gasoline price spikes. The industry argues that high gas prices are due to international market forces, California’s environmental standards, and limited gas supplies.