Primer: CA Moves to Control Oil/Gas Business to Advance Green Energy Control - News Summed Up

Primer: CA Moves to Control Oil/Gas Business to Advance Green Energy Control


Primer: CA Moves to Control Oil/Gas Business to Advance Green Energy Control by Brendan O' Connell The California Energy Commission (CEC) made a tentative proposition that it take over all oil refineries in the state, putting them under government control. It is worth examining why the state’s energy prices are so high to begin with. In a recent report, the California Energy Commission (CEC) made a tentative proposition that it take over all oil refineries in the state, putting them under government control. It is worth examining why the state’s energy prices are so high to begin with. In response to the Fall 2022 gasoline price spikes, California passed the Gas Price Gouging and Transparency Law (SBX1-2).


Source: Forbes October 16, 2024 09:31 UTC



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