Industry experts warn that mandates to electrify ports and rail transport will cost Californians jobs and raise costs for consumers across the country.
Policymakers are realizing that changing how the world’s fifth-largest economy produces and consumes energy is a massively complicated undertaking – and costs a lot of money.
Governor Newsom continues to limit oil and gas production, making Californians more dependent on unreliable foreign oil for basic needs well beyond transportation fuels.
Without a decrease in demand, in-state production cuts will only result in more foreign oil imports. Forecasts show California’s oil demand will remain stable for decades.
As the grid operator, utilities and state officials point fingers, a fundamental truth emerges: California needs significant gas-fired power to keep the lights on and the A/C running.
As COVID-19 interrupts critical global supply chains, California must recognize heavy dependence on foreign oil puts its people and businesses at risk.
While activists continue to call for California to keep its energy resources in the ground, all levels of government have declared the oil and natural gas supply chain as critical infrastructure necessary to power essential services during the COVID-19 pandemic.