Does anyone believe that oil companies are intentionally gouging California consumers but not drivers in other states?
California Gov. Gavin Newsom walks through the assembly chamber with California Controller Malia Cohen during the opening session of the California Legislature in Sacramento, Calif., Monday, Dec. 5, 2022. It’s good advice if bamboozling is your chosen profession. Had Gov.
This year, the legislature is not going quietly. Newsom is a lame duck who is term-limited out of office after 2026. Senate Pro Tem McGuire and Assembly Speaker Robert Rivas have succeeded Toni Atkins and Anthony Rendon in legislative leadership. And the unity of the supermajority has more cracks than the windshield of a car parked on the street in San Francisco.
A full listing of the idiocy could fill volumes, but a sampling: California has intentionally limited in-state oil and gas production, resulting in the state importing more and more oil from other countries. And California has mandated utilities to sell an increasing percentage of power that is generated from “renewable” sources, defined as solar and wind but not hydropower or nuclear, and then the state imports electricity from other states on transmission lines to help keep the lights on.
Chevron executive Andy Walz sent a comment letter to the California Energy Commission with a few thoughts. “California policymakers continue to risk making the state ‘uninvestable,’ which erodes energy infrastructure and increases consumer costs,” Walz continued. “Without investment in the critical energy infrastructure that allows California consumers to live their daily lives, these products will, most certainly, become more expensive and unreliable.”
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