We support access to affordable energy and quality jobs.
At a recent press conference, Governor Brown said fracking may offer “fabulous opportunity” for California, and rejected SB 241, a job-killing proposal that would impose $2 billion in new oil taxes.
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Boston Consulting Group (BCG) says that the UC Davis report on AB 32 fails to address consumer impacts and relies on incorrect data and information, even after these inaccuracies were brought to the panel’s attention. BCG further stated that California fuel refiners and fuel consumers will begin to be negatively impacted by supply disruptions in the next two to three years.
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Many people are not aware that the blades on windmills can occasionally come off and go hurtling through the air endagering people and structures nearby. After one such incident in which a turbine in Imperial County threw a 10-ton blade, Siemens Energy has temporarily shut down its turbines around the world.
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A federal judge has ruled that the U.S. Department of Energy owes Chevron Corp. unspecified damages in a years-old contract dispute over $37 billion in petroleum deposits at the prolific Elk Hills oil field in northwestern Kern County. Judge Braden stated that the government acted abusively and in bad faith toward the company.
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Aided in part by hydraulic fracturing, the United States is experiencing an oil boom that is reshaping world markets and moving the US closer to energy independence. In addition, it will help satisfy the growing need for oil in developing nations.
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Two recent refinery disruptions on top of an already-tight supply have sent California gas prices above $4 and going higher. High gas taxes, failure to build new refineries and a prohibition against fuel refined out of state all make consumers vulnerable to gas price increases.
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Texas has added jobs and doubled its oil output since 2005 while California has seen a decline in oil output as a result of bad policy choices. The Wall Street Journal urges California to follow Texas’ example by developing the Monterey Shale to create good jobs and revenue for services.
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The Bakersfield Californian newspaper speaks out in opposition to a proposed $2 billion tax increase on oil, saying the measure would jeopardize tens of thousands of California oil jobs while decreasing revenues to local governments when oil wells are shut down. The newspaper also notes California oil taxes are not low as tax supporters claim but merely go by different names than in other states.
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The California Public Utilities Commission was caught trying to intimidate its own Division of Ratepayer Advocates by secretly tape-recording what ratepayer advocates had believed was a private meeting. The move raised new ethical concerns and prompted calls that the Division of Ratepayer Advocates be separated from the agency.
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CEU Founder Eric Eisenhammer urges California policymakers to approve legislation restoring transparency to the cap and trade auction in Capitol Weekly. With the auction’s multi-billion dollar price tag and potential vulnerability to out of state speculators, both the program’s critics and supporters can agree state transparency laws must be respected.
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Rep. Valdao speaks out against BLM's cancellation of CA #oil lease sales until Sept. We need jobs now! http://t.co/plu1yEZ8NF #CAPolitics
Updated by @CAJobsNow