Bill to require additional steps to restart oil production statewide clears Senate Natural Resources Committee

Bill to require additional steps to restart oil production statewide clears Senate Natural Resources Committee

SACRAMENTO, Calif. – A bill to add additional requirements before restarting oil pipelines that have not been used for five or more years cleared the California Senate's Natural Resources Committee Tuesday. Senate Bill 542 would require operators of facilities where an oil spill could impact state waters to get a certificate of financial responsibility from an administrator with the state's Office of Spill Prevention and Response, make sure an u…

Ringside: Can EVs Make Up for Gasoline Shortages? – California Globe

If he hasn’t done so already, California Governor Gavin Newsom needs to demand the state legislature rescind the so-called “ABX2-1” passed on October 14, 2024 in an effort to prevent “price gouging.” If the legislature does not cooperate, Newsom needs to declare a state of emergency and suspend the law. Because if he does not, he will lose whatever remaining chance he has to become U.S. President, and more to the point, Californians could be in …

California governor seeks help for struggling oil refiners

(Reuters) -California Governor Gavin Newsom has directed state officials to step up efforts to guarantee reliable fuel supplies for the nation's biggest auto market, prompting oil companies to blame state policies for difficult business conditions and high pump prices.

Gov. Newsom Wants Regulators To Keep Refineries In Biz After California Dems Ran Industry Out Of Town

Democratic California Gov. Gavin Newsom is asking a state regulator to try to keep oil refineries in business in the state after Democrats spent years targeting the industry with aggressive regulation. Newsom wrote to California Energy Commission (CEC) Vice Chair Siva Gunda on Monday to urge that Gunda and the CEC “redouble” their efforts to keep fuel […] Gov. Newsom Wants Regulators To Keep Refineries In Biz After California Dems Ran Industry O…

California’s Fuel Industry Is Shrinking

California will see almost one-fifth of its crude-processing capacity vanish in the next 12 months as two key refineries quit the business of turning oil into fuels. Valero Energy Corp. and Phillips 66 plan to idle a combined 284,000 barrels of daily refining capacity by this time next year, moves that will squeeze the perennially tight motor-fuels market in the most-populous US state.  While imports of Asian gasoline and fuel from other parts o…

Newsom Seeks Help for Struggling Oil Refiners

(Reuters) – California Governor Gavin Newsom has directed state officials to step up efforts to guarantee reliable fuel supplies for the nation’s biggest auto market, prompting oil companies to blame state policies for difficult business conditions and high pump prices. Newsom’s letter to California Energy Commission Vice Chair Siva Gunda, dated April 21 and seen by Reuters on Wednesday, came days after Valero Energy said it would permanently sh…