California regulators fearing a dramatic drop in gasoline supply placed a five-year pause on Gov. Gavin Newsom’s penalty on oil industry profits Aug. 29. The decision is a blow to Newsom’s legislation aimed at penalizing the oil industry for allegedly driving up the state’s gas prices in 2022. California Energy Commission Vice Chair Siva Gunda said the […]
The battery storage plant in Moss Landing in northern Monterey County is some 77 miles south of San Francisco. The owner of the plant is Texas-based company Vistra Energy, whose shares fell in market pre-trade on Friday following the news of the fire.
Exxon accused Bonta, the Sierra Group and others of making “false accusations” about its advanced recycling process. Exxon said in a suit filed in federal court in Texas Monday that the process works and the claims have damaged its relationship with customers.
Although California prioritizes the adoption of electric vehicles, the lion’s share of the $22 billion of private investment generated by the fuel standard has largely benefited biofuel companies.
Offshore wind is a crucial part of California’s transition to a clean energy future, bringing significant benefits like cleaner air and economic opportunities.
Determined to save the world from climate change, California has nearly shut down its oil and gas industry, though the Golden State currently gets 50 percent of its total energy from oil and another 34 percent from gas. The state’s most recent move was a decision by California’s Geologic Energy Management Division to deny new hydraulic fracturing permits on oil and gas wells.
In a step toward building the first massive wind farms off California’s coast, three Assemblymembers today proposed a $1 billion bond act to help pay for the expansion of ports.
The lowest gasoline price days of the season are now in the rearview for drivers in the United States, with the spring surge in gasoline prices right around the corner, according to GasBuddy’s Patrick De Haan.