"The influential trade group Western States Petroleum Association praised the governor's decision, but environmentalists framed the law as both reckless and ineffective. The sad truth is that more drilling will increase pollution and climate-fueled heatwaves, wildfires and floods but it won't do a thing about gas prices, Hollin Kretzmann, an attorney at the Center for Biological Diversity's Climate Law Institute, said in a news release."
"NO: But the law will help constrain prices and limit spikes. Gas in California is currently about 70% more expensive than in Texas. The premium encourages the much-needed shift to renewables but puts us at a business and cost-of-living disadvantage compared to other states. Regulations will do little to curb total emissions if businesses continue to leave California. Unless the U.S. aligns energy policy with California, easing regulations is necessary to sustain our people and industry."
Senate Bill 237 approves up to 2,000 new permits for oil wells per year in Kern County and goes into effect in January. The measure aims to prevent gasoline price spikes following anticipated refinery closures by Phillips 66 and Valero in Los Angeles and Northern California. The two refineries represent roughly 18% of the state's crude oil capacity. The Western States Petroleum Association praised the decision, while environmentalists warned it would increase pollution and climate-driven heatwaves, wildfires and floods without solving gas price problems. Some economists said the law may constrain price spikes but is unlikely to keep refineries open.
Read at www.sandiegouniontribune.com
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