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It is also operates the Wilmington Oil Field in partnership with California, several smaller fields in Los Angeles County, and the Huntington Beach Oil Field in Orange County, California. As of December 31, 2021, the company had 480 million barrels of oil equivalent (2.9 × 10 9 GJ) of estimated proved reserves, of which 71% was petroleum , 20% ...
The concept started to be used by oil traders in the market in early 1990. [2] But it was in 2007 through 2009 that the oil storage trade expanded. [6] Many participants—including Wall Street giants, such as Morgan Stanley, Goldman Sachs, and Citicorp—turned sizeable profits simply by sitting on tanks of oil. [5]
Contango is a situation in which the futures price (or forward price) of a commodity is higher than the expected spot price of the contract at maturity. [1] In a contango situation, arbitrageurs or speculators are "willing to pay more [now] for a commodity [to be received] at some point in the future than the actual expected price of the ...
The California Department of Resources Recycling and Recovery (also known as CalRecycle) is a branch of the California Environmental Protection Agency that oversees the state's waste management, recycling, and waste reduction programs. CalRecycle was established in 2010 to replace the California Integrated Waste Management Board.
Aaron Sims Company; Abgent; Acadia Pharmaceuticals; Accelrys; Access Books; ACT Biotech Inc; Activision; Actuate Corporation; AdGreetz; Adobe Inc. Advanced Micro Devices
The California Department of Conservation is a department within the government of California, belonging to the California Natural Resources Agency.With a team of scientists, engineers, environmental experts, and other specialists, the Department of Conservation administers a variety of programs vital to California's public safety, environment and economy.
The California Labor and Workforce Development Agency (LWDA) is a cabinet-level agency of the government of California.The agency coordinates workforce programs by overseeing seven major departments dealing with benefit administration, enforcement of California labor laws, appellate functions related to employee benefits, workforce development, tax collection, economic development activities.
In 2015, California legislation passed a bill (SB 350) that sets a goal of having 33% of electricity produced from renewable resources by 2020, and 50% by 2030. The California Energy Commission was given the task of monitoring and enforcing regulation on utility companies, to help them meet this goal. [9]