Michael Mische – California Globe

US Senate Votes to Overturn Governor Newsom’s 2035 Ban on the Sale of Internal Combustion Engine Vehicles

May 23, 2025 12:34 pmMay 23, 2025 12:34 pm

Recognizing the potential national, state and regional economic consequences of California’s 2035 ban on the sale of new internal combustion vehicles and stricter emissions standards, President Trump, House Speaker Michael Johnson, and Senate Majority Leader John Thune have responded to...

Valero Energy Announces Plans to Exit California, Incurs $1.1 Billion Charges to Refinery Operations

April 16, 2025 5:50 pmApril 16, 2025 5:51 pm

Citing low operating margins, increased operating costs and a growingly harsh regulatory environment, including a state mandated moratorium on the sale of internal combustion engine vehicles by 2035, and in the wake of an $85 million fine related to “egregious...

Brace for Impact: California Gas Prices to Increase in 2025

November 15, 2024 9:11 amNovember 15, 2024 3:31 pm

Policies have consequences. A significant increase in the retail price of gasoline that Californians will pay at the pump is expected for 2025. The projected increase could drive California’s retail gasoline prices to exceed the national average by as much...