Sacramento, CA…Governor Gavin Newsom today issued an executive order expanding on statewide bans preventing California state officials from using insider knowledge to profit, or assist another person in profiting, to apply to prediction markets — an emerging financial industry that allows users to bet on real-world events, including government actions, wars, and economic decisions. The ban further extends these prohibitions to prevent appointees from using insider information to help others, including spouses, children, other family members, business partners, or others, profit from such information.
“Public service should not be a get-rich-quick scheme. At a time when Trump’s Washington is riddled with ethical failures and insider profiteering, California is drawing a bright line: If you serve the public as a political appointee, you serve the public — period. We’re not going to tolerate this kind of corruption in California.”
Governor Gavin Newsom
The order comes amid mounting reports suggesting that individuals in the federal government with access to sensitive government information are cashing in, placing well-timed bets ahead of major Trump administration actions and walking away with profits. Recent reporting has raised serious questions about trades placed just before key federal decisions — from military operations to tariff moves — fueling concerns that insiders in President Donald Trump’s orbit are exploiting confidential information for their own personal gain or to help others profit off their knowledge.
- In one example, an individual precisely predicted multiple events related to the United States’ military intervention in Venezuela, war with Iran, and military operations targeting drug cartels — an extremely unlikely outcome for someone without insider knowledge — and pocketed tens of thousands of dollars in profit in the process.
- In another example, six suspected insiders made $1.2 million betting on a U.S. strike against Iran, from accounts that had been funded only days before the strike, specifically bought for the day of the strike, and bet only hours before.
- Another person betting has a 93% win rate for bets related to Iran and Israel – making nearly $1 million since 2024.
- An unidentified trader bet tens of thousands of dollars just hours before the U.S. Military captured Venezuela’s president, Nicolás Maduro, making $410,000 on the bet and creating speculation that it came from a government official.
California already has some of the strongest ethics laws in the nation, including strict conflict-of-interest rules and prohibitions on using public office for private gain. This executive order reinforces those protections by explicitly banning gubernatorial appointees from using non-public information for profit in prediction markets.
Under the order all gubernatorial appointees are prohibited from using confidential or non-public information obtained through their official roles to profit — or help others profit — from prediction markets.
The order takes effect immediately. A copy of the order can be viewed here.
California could be the best State to live in,but it is one of the worst because it is run by Democrats, let that sink in.
There’s a reason why they’re called “DIM”OCRATS and/or “DUMB”AS-CRAP
March 30, 2026
California Globe
Home>Arizona>US Oil & Gas Association Slams Nevada AG Aaron Ford for Hypocrisy on Soaring Gas Prices
Nevada AG Aaron Ford (Photo: @AaronDFordNV)
US Oil & Gas Association Slams Nevada AG Aaron Ford for Hypocrisy on Soaring Gas Prices
Instead of challenging California’s policies that are inflating prices across the West, Ford is doubling down on the regulatory framework enabling them
By Megan Barth, March 30, 2026 8:49 am
The US Oil & Gas Association (USOGA) sharply criticized Nevada Attorney General Aaron D. Ford for blaming high gas prices on an “Iran War that Trump started” while suing the Trump administration to preserve California-style federal regulations that are driving up costs for Nevadans.
Ford, a Democrat running in the 2026 gubernatorial race, recently posted a video pinning Nevada’s fuel prices on President Trump and Republican Gov. Joe Lombardo.
But USOGA’s response on X (formerly Twitter) laid out the inconvenient facts Ford seems eager to ignore: Nevada imports 85-90 percent of its refined petroleum products from California refineries now being strangled by Gov. Gavin Newsom’s aggressive California Air Resources Board (CARB) regulations, low-carbon fuel standards, and refinery crackdowns.
“Hello Mr. Ford,” the USOGA post began. “You probably know that Nevada imports 85-90% of your refined products from California refineries. The same refineries that are being strangled by your close friend and political ally Governor Newsom.”
It questioned why Ford is fighting to keep heavy federal regs on fossil fuels and emissions that inflate energy costs — the same measures burdening California and now spilling over to Nevada.
“Why are you fighting to keep heavy federal regs on fossil fuels & emissions that drive up energy costs?” USOGA asked. “Why do you want to keep in place the same measures that drive up costs in California that Nevadans now have to pay for?”
The association pointed directly to Ford’s March 19 lawsuit against the Trump administration, in which the Nevada AG joined a multi-state effort seeking to reverse the repeal of long-standing federal emissions and fossil fuel regulations – the very rules the Trump administration has targeted to lower energy costs nationwide.
This contrasts with Nevada Republican Attorney General candidate Adriana Guzmán Fralick public demand that Ford sue California over refinery closures, stating, “What is needed now is a lawsuit against California to protect Nevada consumers.”
The USOGA’s critique aligns with years of warnings from The California Globe about how Newsom’s anti-oil agenda is exporting pain to neighboring states. Nevada Gov. Joe Lombardo has repeatedly sounded the alarm. In a pointed March 2026 letter to Newsom, Lombardo warned that California’s stringent environmental rules are creating a regional fuel crisis, with Nevada “almost entirely dependent on California’s refining capacity.”
The California Globe has documented the crisis in real time. Marathon Petroleum Corporation recently sent a direwarning to Newsom, declaring that proposed CARB Cap-and-Invest amendments would make California refineries “among the most expensive to operate in the world,” threatening shutdowns, fuel shortages, and skyrocketing prices.
Experts have projected California gas prices could hit $8.43 per gallon – a 75% increase – as more refineries close under the weight of these mandates.
Ford’s frequent out-of-state travel and multi-state lawsuits have drawn ethics complaints and scrutiny, yet his office has shown little interest in holding California accountable for the fuel crisis it is exporting.
As the USOGA noted, Lombardo has been warning voters about California’s failing energy policies for years. Ford’s latest lawsuit suggests he would rather import those failures than fight to protect Nevada families.
As of March 30, 2026, Nevada’s average regular gas price stands at $4.91 per gallon, according to AAA data — up dramatically from $3.76 one year ago, an increase of more than $1.15 per gallon.
Ford’s alignment with Newsom is no surprise. As The California Globe reported in March, Nevada Democrats rolled out the red carpet for the California governor in Las Vegas, openly embracing his “failed policies and woke agenda” – including the very energy mandates now hammering Nevada drivers.
Lombardo, by contrast, has taken concrete steps to shield Nevada. He appointed a Fuel Resiliency Committee under the Nevada Homeland Security Commission to counter California’s “radical and punitive energy policies” and has proposed subcommittees focused on building independence from Sacramento’s regulatory overreach.
Lombardo and Arizona governor Katie Hobbs jointly opposed Newsom’s gas-price control bills, warning they could create artificial shortages and Venezuela-style price spikes that ripple across state lines.
Ford’s legal action against the Trump administration stands in stark contrast to those calls for accountability. Instead of challenging California’s policies that are inflating prices across the West, Ford is doubling down on the regulatory framework enabling them.While Ford points fingers elsewhere, everyday Nevadans bear the cost of imported California regulations.
The California Globe will track developments as the 2026 race heats up.
A BIG THANK YOU TO ALL THE MARIONETTES WHO VOTE FOR THE PARTY OF HATE AND VIOLENCE, THE ONE AND ONLY SOCIALIST PARTY OF AMERICA, THE DUMBASCRAPS THE PARTY THAT BROUGHT US THE KKK 3 TIMES IN OUR HISTORY.
It IS the best state to live in.
Even all the crybaby Republicans love it here. They wouldn’t dare move to Texas. Not enough balls. Sissie’s are too comfy here.
^^Let that sink in.
Why’s everyone upset about the cost of gas? Their prices are still lower than CA prices before the Iran war.
Now that diesel has hit $7.29 because of democrat policies and THEIR WAR ON BIG OIL, just wait until the truckers up their prices. CA democrats, with the highest unemployment and welfare cheats in the Nation might have to actually get a job…. well one besides selling drugs and what they’ve stolen in burglaries.
LET THAT SINK IN.
AHAHAHAHAHAHAHAHAHAHA
A DEMOCRAT WORKING????AHAHAHAHAHAHAHOHOHOHOHOHOHOHAHAHAHAHAHEHEHEHEHEHEHE
That explains why your here.
Steve Hilton will be the next Governor.
Republicans – the corruption party.
The convictions and prison time data shows this clearly by a large margin, facts, truth, not lies and grift.
Traitor don now at 33% approval country wide.
He has screwed everyone except the billionaires, and the traitors, cons he pardoned.
Even in the red states, 33% approval.
The main reply why is affordability, attack on ag, manufacturing, their economies.
They are tired of the lies, now a chosen war, soon sons coming back in body bags.
Thank God we have Trump instead of that whore and the guy who uses tampons you voted for.
🙂