Petroleum MarketDivision of Petroleum Market Oversight
Section § 25372
This section defines the term "division" as it is used in this article and Article 4, beginning with Section 25373, to specifically mean the Division of Petroleum Market Oversight.
Section § 25372.1
The Division of Petroleum Market Oversight is a newly established division that operates independently from the commission it's part of. It has its own authority to oversee petroleum market activities.
The division is led by a director appointed by the Governor, with the Senate's approval. The director's salary is determined by another part of the Government Code.
The director can hire staff, including economists and legal experts, to help with their functions. These staff members are expected to have expertise in transportation fuels markets and legal investigations.
Section § 25372.2
This law requires a division to monitor California's transportation fuels market to protect consumers. They must identify issues like market power abuses and help ensure fair competition. The division advises various government bodies on fuel assessments and transition plans, and reports findings to the state legislature and others. They have the authority to issue subpoenas and collect evidence to fulfill their duties. Additionally, they can confidentially refer legal violations to the Attorney General.
Section § 25372.3
In this law, the director of the division must appear before certain committees in the Assembly and Senate if asked. The director's job during these appearances is to update the committees on how well the division is meeting its goals, explain the current state of competition in transportation fuel markets, and share any other information the committees want.
Section § 25372.4
This section of the law outlines how certain information given to a government division in California is kept confidential. Generally, the division cannot share this information unless they decide that sharing it won't harm the competitive position of the source or affect market competition. However, certain entities like the Attorney General or the California Department of Tax and Fee Administration can access this information if they agree to keep it confidential. In case of a court case, the Attorney General can use this information but must keep it sealed. For annual reports, the division must anonymize or generalize the data to prevent competitive harm.