Californians are hurting, struggling to get by under the high energy costs that have become a hallmark of life in our state.Â
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Gov. Gavin Newsom is advancing a plan that could funnel hundreds of millions in road dollars to a struggling oil refinery — pitching it as a c…
Global leaders have been scrambling to contain the rising cost of oil and gasoline since the start of the Iran war. President Donald Trump and other heads of state have been pulling on various levers while hoping to ease pain for consumers. They coordinated to launch 400 million barrels of oil onto the market. And Trump lifted sanctions on Russian and Iranian crude. Experts say the maneuvers are adding some oil to the market but it's not enough to halt the steep climb in gas prices that consumers are experiencing.
Shares of major U.S. companies in the energy sector are sharply higher after President Donald Trump announced plans to take control of Venezuela's oil industry and said American companies would revitalize it after capturing President Nicolás Maduro. While the U.S. action is unlikely to have an immediate impact on crude prices given the current glut in the market, it could upend energy markets. Venezuela's oil industry is in disrepair after years of neglect and international sanctions. Some oil industry analysts believe that Venezuela could double or triple its current output of about 1.1 million barrels of oil a day and return the nation to historic production levels relatively quickly, others see a much longer road ahead.
Weakening of US Chemical Safety Board makes it unclear who's investigating California refinery fires
The Trump administration's move to weaken the U.S. Chemical Safety Board makes it unclear who is going to investigate two recent fuel refinery fires in California. The state of California hasn't said whether any agency, department or authority will take charge of a comprehensive investigation of the cause of last week's fire in El Segundo and another one earlier this year. The Trump administration argues the chemical safety board duplicates responsibilities of other agencies. Environmental groups say it would be better if there were one independent agency overseeing the entire investigation, instead of several agencies handling aspects of the investigation.
Fire crews have extinguished flames at a Chevron refinery just outside of Los Angeles. Officials in El Segundo, California, urged people to stay indoors Thursday night. By early Friday, they said the fire was contained and there was no threat to public safety. No evacuations have been ordered. The company says there were no injuries, all personnel were accounted for and a monitoring system indicated the fire did not move beyond the facility's fence line. It wasn't immediately clear what caused the fire. El Segundo is a beachside city located about a mile south of Los Angeles International Airport.
Gavin Newsom jetted off to New York this week to portray himself as the alternative to Donald Trump on climate policy.
San Mateo County is often celebrated for its innovation, quality of life and strong local economy. But beneath the surface, affordability chal…
The most interesting moment of last week’s labor union-sponsored interrogation of seven declared Democratic candidates for governor was their …
