Energy company profits are soaring with the Iran war. Here's what California officials want to do

2026-08-05 10:00 • ;Blanca Begert

Sky-high earnings for oil companies and California refiners in the second quarter are renewing calls from California legislators to crack down on industry profits.

Read More Here: https://www.latimes.com/environment/story/2026-08-05/oil-company-profits-are-soaring-heres-what-california-officials-want-to-do