A bill proposing to ease oil drilling permits in California has been introduced, easing scrutiny and boosting stock prices, while refinery operations are shut down.
1 report, 1 independent
Updated Jul 19
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What happened
A bill proposing to ease oil drilling permits in California has been introduced, easing scrutiny and boosting stock prices, while refinery operations are shut down.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Bloomberg Television
financial and business cable news channel
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Phillips 66
American energy and logistics company
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Gavin Newsom
40th governor of California since 2019
Related events
- Gavin Newsom signed a bill expanding fuel options for Californians.
- Gavin Newsom pushed gas-price oversight laws earlier in his term in California.
- Amid energy policy pressures, the Trump administration is seeking investors to restart capacity in California refineries, while Newsom's mandates cause capacity decline.
- Bill AB 1661 targets households in affected oil field areas to fund compensation for pollution exposure.
Coverage
Newest first; wire copies grouped- BloombergNewsom Proposes to Ease Permits for Oil Drilling in California (Bloomberg) -- California Governor Gavin Newsom is proposing a bill to streamline permitting for new oil wells that environmental groups