It may be too late. California trying to keep oil and gas firms from leaving the state.
During the golden years of the 70’s and 80’s, California had 40 oil refineries. After this year they will be down to 11. What happened? The Democrats and environmental wackos. So now they’re in a panic.
Concerned with the exodus of oil and gas companies, refinery closures and the expensive price of gasoline in the state, California Gov. Gavin Newsom signed legislation last week that fast tracks the approval of 2,000 new wells per year over the next 10 years in Kern County, a significant oil-producing region.
One county they’re allowing an increase. California has 25 counties that are available for new permits. Just think if they went full speed ahead in all 25.
