Late Friday evening the California Air Resources Board (CARB) approved new amendments to the Low Carbon Fuel Standard (LCFS), likely sending gas prices in California, Arizona, and Nevada higher beginning next year. California’s LCFS program was established in 2011, ostensibly to reduce emissions from transportation. However, the new amendments – , which target a 30
Read More...On Tuesday, the California State Assembly approved Governor Gavin Newsom’s new refinery supply mandate, which now heads to the state Senate. The proposed legislation will require oil refiners to keep a minimum gas reserve on hand, and gives the California Energy Commission the power to require oil refiners to provide resupply plans to address losses
Read More...With election season in full swing, California Governor Gavin Newsom officially called a special session to push new mandates on refiners over the weekend, threatening to send gas prices higher across the Western United States. The State Assembly is reportedly set to hold hearings on the measure in the coming weeks, while in a historic
Read More...After failing to find any evidence of price gouging under a new law enacted last year, it appears California Governor Gavin Newsom has decided to pivot from price controls to new regulations for refiners. This week California Governor Gavin Newsom proposed a new law that would institute a minimum gas reserve requirement for refiners that
Read More...The state of California issued a new report that acknowledges potential margin regulations on retail gas dealers may make gas price spikes even more painful for consumers. The report, released last week by California Energy Commission (CEC) staff, assessed the feasibility of a variety of proposals to rein in gas prices under the state’s gas
Read More...California Governor Gavin Newsom’s campaign to blame oil companies for alleged gas price gouging is falling flat with voters, according to a recent poll. The survey, conducted in June on behalf of a firm active in California’s carbon credit marketplace, shows Californians overwhelmingly blame the state’s gas tax and uniquely burdensome regulatory requirements for high
Read More...Professor Severin Borenstein from the Energy Institute at UC Berkeley’s Haas School of Business, one of the preeminent experts on California’s energy market, expressed reservations about a budding effort by California Governor Gavin Newsom to implement profit restrictions and penalties on California refiners. Soaring gas prices remain a top concern for many Californians, with state
Read More...The state of California recently issued proposed regulations to ban fracking outright, threatening thousands of jobs and billions in economic activity in the Golden State. The proposed rules, issued by the Department of Conservation’s Geologic Energy Management Division this month, fulfill a 2021 order from Gov. Gavin Newsom to issue regulations aimed at ending fracking
Read More...Questions continue to swirl around California’s climate lawsuit, launched by Governor Gavin Newsom and Attorney General Rob Bonta in September. The latest, however, centers around the involvement of Center for Biological Diversity (CBD), a well-known national “Keep It In the Ground” group tied to a variety of anti-energy billionaires whose fingerprints are seemingly all over the case. New emails obtained by Government Accountability
Read More...A recent string of laws from the Golden State makes California Governor Gavin Newsom’s strategy on climate and energy policy crystal-clear – rack up the headlines first and sort out the policy details later. At a splashy press conference in March, six months after announcing that California needed to address high gas prices, Gov. Newsom
Read More...Club of Rome Still Running Things and Boiling Frogs? David Blackmon Publisher and Editor, Energy Transition Absurdities … … [Editor’s Note: As hard as it to believe, the completely debunked Club of Rome report from a half-century ago is being cited by today’s gentry who seek to control all of us.] I have written for
Read More...Six months after Gov. Gavin Newsom announced that California needed to address high gas prices and , details of the Governor’s plan are finally coming to light. Simply put, Newsom’s proposed “price gouging” crackdown would create new bureaucracy and punt the actual “price gouging penalty” to the brand-new agency for consideration. Meanwhile, the true reasons
Read More...California Gov. Gavin Newsom (D) continues to blame the oil and natural gas industry for high energy prices. California consumers’ energy costs have increased over the past due to a combination of statewide policies, regional weather fluctuations, pipeline availability and increased wholesale prices. In a move reminiscent of his baseless allegations against the state’s gasoline
Read More...California and Its Non-Starter Net Zero Nonsense ...… … [Editor’s Note: California wants to be a climate-centric politically correct role model but, in fact, is a poster child for net-zero nonsense that is a non-starter for citizens.] Californian regulators approved a plan to reduce the state’s carbon-dioxide emissions by 85 percent from 1990 levels by
Read More...Electric Vehicles Are the Future of California? Well, No… Tom Shepstone Shepstone Management Company, Inc. …. …. Everyone in electric vehicles is the dream of California’s pretty-boy, rich-kid governor. But, is it practical? No. Of course not and it’s a feature, not a bug. The California Insider has put out a great video from Mark
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