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Oil hit $65 a barrel, its lowest price since 2021, earlier this week, which DeHaan attributed to a combination of economic uncertainty and reduced demand in China.
Governor Gavin Newsom said Thursday he will compel California oil refineries to stockpile additional fuel reserves in an effort to ward off price spikes, marking the latest move in his multi-year ...
The plan marks a continuation of the governor's campaign to blame the oil industry for high gas prices in California and another attempt by Newsom to jam legislation through the state Capitol.
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
Crude Politics: The California Oil Market, 1900–1940 (U of California Press, 2005). Tompkins, Walker A. Little Giant of Signal Hill: An Adventure in American Enterprise (1964) * Welty, Earl M, and Frank J Taylor. The 76 bonanza: The fabulous life and times of the Union Oil Company of California (1966) 351pp
“Harris missed a critical opportunity to lay out a stark contrast with Trump and show young voters that she will stand up to Big Oil and stop the climate crisis,'' said Stevie O’Hanlon, a spokesperson for the Sunrise Movement, one of the groups behind the Green New Deal. “Harris spent more time promoting fracking than laying out a bold ...
The cost of gasoline has gone up over the past 30 or so years, with only a few instances of it dropping in price. Currently, the national cost of regular gasoline is $3.47 on average, according to ...
There is a permanent moratorium on new offshore oil and gas leasing in California waters and a deferral of leasing in Federal waters. [citation needed] California ranks third in the United States in petroleum refining capacity, behind Texas and Louisiana, and accounts for about 11% of total U.S. capacity, as of 2012. [84]