ABX2-1 – California Globe

Ringside: How to Save California’s Oil and Gas Industry

May 23, 2025 3:00 amMay 23, 2025 3:01 am

For anyone unconcerned about the state’s ongoing war against the oil and gas industry, or the impact it is going to have on California’s economic health and overall cost-of-living, a study released on May 5 should be required reading. With strong arguments and...

Ringside: Can EVs Make Up for Gasoline Shortages?

April 23, 2025 4:33 pmApril 24, 2025 6:34 am

If he hasn’t done so already, California Governor Gavin Newsom needs to demand the state legislature rescind the so-called “ABX2-1” passed on October 14, 2024 in an effort to prevent “price gouging.” If the legislature does not cooperate, Newsom needs...

Ringside: California’s Refinery Capacity Stretched to the Limit

April 10, 2025 2:57 amApril 10, 2025 2:58 am

According to the California Energy Commission, in 2024 daily oil consumption in California averaged not quite 1.4 million barrels per day. Meanwhile, daily refinery capacity in California is just over 1.6 million barrels per day. There is a 16 percent buffer between how...

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...

Ringside: Is California Ready to Kill Its Oil Industry?

November 8, 2024 3:55 amNovember 8, 2024 3:56 am

California’s state legislature is determined to eliminate fossil fuel as soon as possible, with oil at the top of the list. This goal is shared by the Governor and Attorney General, along with leadership and staff at every one of...

Bill to Stop Newsom’s Stealth Gas Tax Increase Introduced During Extraordinary Legislative Session

September 12, 2024 2:45 amSeptember 12, 2024 6:33 am

A bill to freeze proposed increases in gas prices in California was introduced in the Assembly on Wednesday, with the ultimate aim to halt Governor Gavin Newsom’s planned update to the state’s Low Carbon Fuel Standard. According to ABX2-4, authored...

Western Governors Oppose Gavin Newsom’s Gas Bill Pushing Venezuela-like Price and Inventory Controls on Oil Refineries

September 11, 2024 7:06 amSeptember 11, 2024 7:06 am

In a joint letter issued today (see below) to California Governor Gavin Newsom (D), Nevada Governor Joe Lombardo (R) and Arizona Governor Katie Hobbs (D) urged Newsom to have “regional communication” regarding Asssembly Bill ABX2-1 and other legislation related to...