Californians for Energy & Science

California Air Resources Board votes 12-2 to approve LCFS amendments. Gasoline is about to be even more expensive in California. #Gasoline #California #Climate change

As an upstream energy company with primary operations in California's San Joaquin Basin in Kern County and Utah's Uintah Basin, Berry Corporation is proud to share the following video. The video highlights the critical role the oil and gas industry will continue to play even as we look to explore ways to provide energy in a more sustainable manner, while continuing to support economic growth and meet our energy needs today and for decades to come.

📢 Supporting Our Local Communities Through Local Industry 📢 Proud to share a powerful message from Emmanuel Campos, a dedicated business owner in Taft, California. In this video, Emmanuel highlights how the local oil and gas industry has provided not just jobs, but a strong livelihood for countless families, especially within the Latino community. Generations have built their lives in Taft, supported by well-paying jobs that allow them to invest back into the very neighborhoods they call home. For decades, Kern County’s oil and gas industry has created opportunities and pathways to financial stability, empowering individuals and strengthening our community. Now these crucial jobs are increasingly at risk as we see a shift in support toward foreign oil production from Sacramento. This shift doesn’t just impact the economy; it threatens the lifeblood of families who have relied on this work for a better life. Supporting local energy production means supporting our local families and preserving jobs that have fueled dreams and growth for years. Let’s work together to keep our communities strong and resilient, investing in the people who invest in our future every single day. 💪 #SupportLocalIndustry #KernCountyPride #LatinoCommunity #OilAndGas #LocalJobs

The WSJ Editorial Board writes, electric rates in California have risen on average by 57% in the last five years, more than twice as much as nationwide. Enter Gov Gavin Newsom, who recently issued an executive order to ensure “electric service remains affordable, reliable, and safe for all Californians during our clean energy transition." Newsom concedes in his order an important point... “Californians' electric rate increases have been driven largely by the cost of some programs added over time, such as the subsidy provided through the legacy Net Energy Metering program for rooftop solar photovoltaic systems." California's net-metering program pays utility customers with rooftop solar panels for excess power they generate and remit to the grid at retail rates, which are two to three times as high as the wholesale cost of power. The average utility customer without rooftop solar pays 10% to 20% of his electric bill to subsidize rooftop solar customers. Newsom also singles out wildfire mitigation as a cost-driver. But other Western states must protect their grids from the same danger, and their electric rates are less than half of the Golden State's. What's the matter with California? Its aggressive renewables mandate, which requires utilities to procure solar and battery power at higher cost. California's cap-and-trade program also requires natural gas-fired plants to pay for CO2 emissions permits. The PUC says the program raises electric rates, though customers receive biannual “climate credits" on their bills to offset some of the program's cost—in April (when taxes are due) and October (before elections). Newsom now wants his energy commission to identify programs and regulations “that may be unduly adding to rates, for which the electricity system benefits may not be justified by the costs." This applies to all of the state's climate mandates and programs. Unwilling to renounce climate religion, he directs his regulators “to pursue any federal funding available to help lower electricity costs for Californians." That sounds like he wants people in states with more sensible energy policies to subsidize progressive lunacy. That's what the Biden FERCis trying to do via a regulatory back door. To Sum It Up: Americans stung by surging electric rates these past few years, look out. It can always get worse. Our Take 1: There's a real lesson here concerning the mentality of the leadership in America these days—that is, mistakes are rarely acknowledged, often spun as bad luck or someone else's faults, swept under the rug, or cause for calls for bailouts from the federal gov't. California, a bastion of bad policy, has them all. Our Take 2: What a sorry state California finds itself in these days... made worse by the fact that the public for too long has tolerated public officials playing politics with an energy system that they neither understand nor appreciate. ♻️💲💲👀 #energy #california #renewables

EXXON AND CHEVRON PROFITS HIT BY LOWER ENERGY PRICES 🚨 Sacramento’s fugazi marketing campaign which blames “Big Oil” for high gasoline prices is unraveling in real time. Today’s Wall Street Journal reports, “Exxon Mobil and Chevron posted lower third-quarter profits Friday as energy prices sank and fuel-making margins narrowed.” When we step away from Sacramento’s “Big Oil” circus tent, we find crisp economic analysis from WSJ. Chevron CEO, Mike Wirth explained, “The market looks like it’s going to be well-supplied. We’re prepared to compete in any price environment and a downcycle would not be a surprise.” The economic drivers include slackened demand from China, record crude production from U.S., OPEC members pumping more than their oil quotas allow, and increased production from Canada, Brazil, and Guyana (all major suppliers to the California market). Meanwhile, the price at the pump for Californians remains about $4.45 per gallon versus the national average of $3.12 per gallon. This difference of $1.33 per gallon is nearly the exact amount of California’s state sales tax ($0.11), state excise tax ($0.60), and environmental program fees ($0.55) per gallon - total of $1.26 per gallon. Refinery costs and profits are reported to be just $0.58 per gallon, which means Sacramento’s profits per gallon are more than double that of the refineries! We expect California’s gasoline prices to remain high due to the fact that state taxes and climate fees are fixed charges per barrel. Sadly, as the rest of America benefits from unleashed domestic energy production, California’s production remains trapped by a political shutdown, leaving consumers no choice but to pay the highest prices in the country. #Economics #Supply #Demand #Taxes #California Sources: https://lnkd.in/dXRrmUYd https://lnkd.in/gxvr4KjB

The policy boomerang 🪃 is happening in California. This era of one-party rule in Sacramento has resulted in extreme energy policies that have reached their tipping point: refineries are closing, climate programs are bankrupting people and companies, and revenue is fleeing the state. On October 29, 2024, Senator Melissa Hurtado (D) penned this letter to the Legislative Analyst Office requesting assessment of impacts of CARB’s updated LCFS regulations scheduled for post-election vote. The Senator highlights: 1. Prospect of 47-cent increase per gallon of gasoline. 2. Economic disparities and regional impact, specifically noting impacts to low-income and middle-income households. 3. Impacts to small businesses and supply chains. 4. Regulatory interaction and market stability. Senator Hurtado calls for “a clear, nonpartisan analysis to guide future regulatory decisions.” Well done Senator Hurtado! We have reached a point where unelected bureaucrats have captured regulatory agencies and processes, inflicting financial hardship on the people of California despite the fact that nobody voted for these runaway mandates. #California #LCFS #Energy #Economics #Environment

"The potential is huge." 📈 Today, Mike Umbro will discuss GeoTES at the #GRC2024 in one of our panels! If you're at the GRC, don't miss this one!: https://bit.ly/47QGrBN

Is this really you Chevron?! As posted on X, captioned “at the pump in Las Vegas.” Time to educate the people of California and surrounding states… We are here for it! #Energy #Science #BuyLocal 🇺🇸

🇺🇸 🌎 LOCAL PRODUCTION vs AMAZON RAINFOREST: Where should CALIFORNIA source its OIL? Did you know that the west side of California's San Joaquin Basin - a dry, remote, and environmentally regulated region - produces over 70% of the state's oil? Yet, production here is being shut down by Sacramento, despite its critical role in our energy supply. Meanwhile, California is increasingly sourcing oil from regions like the Amazon rainforest in South America, where environmental impacts are far more challenging to regulate and monitor. Importing oil from this sensitive ecosystem pollutes our oceans, ports, and local communities with tanker emissions, an unsustainable cost to the environment. Where would you prefer we source our oil from: a well-monitored, local basin in California, supporting communities and creating jobs; or ecologically sensitive regions abroad? YouTube link in the comments. #CA4ES #CaliforniaEnergy #SanJoaquinBasin #EnvironmentalSustainability #BuyLocal #CaliforniaJobs

The total estimated money spent by California on oil imports from 2000 to 2023 is approximately $419.1 billion. Much of this expenditure could have remained in-state and helped CA's budget, public, and businesses if the State's oil exploration and production policies were less draconian and anti-fossil fuel. If you don't include the addition of maritime transport of imported oil, all imports are maritime, the CO2 emissions are essentially the same for imported and CA produced oil. So what's the point of the last two decades?