oil companies – California Globe

Fueling Poverty, Not Progress: Why Extending Cap and Trade to 2045 Is a Bad Deal

August 1, 2025 3:30 amAugust 1, 2025 3:31 am

As President Donald Trump champions a “big, beautiful” economic revival, California’s cap-and-trade program stands as a stark reminder of legacy policies that burden everyday Americans for no clear gain. This system, which forces oil companies to buy emission allowances to...

‘Green’ Regulations Could Be the End of the Road for California Drivers

July 16, 2025 12:11 pmJuly 16, 2025 12:11 pm

Remember the California dream? Golden sunshine, endless opportunity, and a car to take you there. For many, that dream now sputters to a halt at the gas station, with prices that feel like a punch to the gut. We’re told...

The Top 10 Times Gavin Newsom was on Santa’s Naughty List This Year

December 24, 2023 3:46 pmDecember 24, 2023 3:47 pm

California Governor Gavin Newsom, who maintains that he is NOT running for President in 2024, has been in politics since he was appointed to the San Francisco County Board of Supervisors (1997-2004), and then ran again, then he was San...

California ‘Gas Price Gouging’ Law Now in Effect

June 28, 2023 2:30 amJune 28, 2023 6:20 am

A new law designed to stop price gouging by oil companies went into effect Monday, only three months after Governor Gavin Newsom signed Senate Bill 2 into law. For years, Governor Newsom and other legislators have targeted oil companies for...

Gov. Newsom Announces Proposed Regulations Against Oil Companies In California

March 17, 2023 12:44 pmMarch 17, 2023 12:44 pm

Governor Gavin Newsom announced Thursday he will be proposing more regulations against oil companies in California, including instituting a new watchdog organization and adding a new price gouging penalty for oil companies. Since the beginning of the decade, the average price...

Could a ‘Penalty’ on Oil Companies Be Passed by a Majority Vote?

December 5, 2022 2:09 pmDecember 5, 2022 2:15 pm

There have been discussions the past two months regarding whether the California Legislature and Governor Newsom will impose an “excess profits” tax on oil companies in this state. When the Governor issued his proclamation to the Legislature to convene a...

AG Rob Bonta Announces Investigation into Oil Companies’ Role in ‘Causing Global Plastics Pollution Crisis’

April 29, 2022 2:31 amApril 28, 2022 8:52 pm

California Attorney General Rob Bonta announced on Thursday that he would be launching a state investigation into the role of oil and gas companies into the world’s global plastics pollution crisis. In his announcement Bonta said that fossil fuel and petrochemical...