Post Tagged with: "California oil"

Gov. Gavin Newsom Fires Top Official Over Fracking Permits — But Won’t Ban the Oil Wells

Gov. Gavin Newsom Fires Top Official Over Fracking Permits — But Won’t Ban the Oil Wells

 From Los Angeles Times


Gov. Gavin Newsom on Friday defended firing California’s top oil industry regulator for issuing too many hydraulic fracturing permits, but offered no details on whether he plans to ban or limit the oil extraction process in

July 18, 2019 - 6:00 am Closing Bell Story‎, Energy News, Regulatory
California’s Dependence on Foreign Oil Grows Amid U.S. Shale Boom

California’s Dependence on Foreign Oil Grows Amid U.S. Shale Boom

From Bloomberg

As the Golden State tilts toward a low-carbon future, Los Angeles’ legacy drillers are being crowded out, leaving behind more recoverable crude than in all of Alaska.

Yet this shift away from drilling hasn’t quelled California’s appetite for …

April 27, 2018 - 10:36 am Closing Bell Story‎, Energy News