US Edition
Published • loading... • Updated
Chevron Executive: "I Think We Have a State of Emergency in California"
Chevron warns California's stricter emissions limits could cause refinery closures, over 500,000 job losses, and gas prices rising more than $1 per gallon by 2030, citing energy and national security risks.
- On March 5, 2026, Chevron warned Governor Gavin Newsom and California Air Resources Board that CARB's cap-and-invest amendments threaten remaining refineries and could collapse the state's oil and gas industry.
- CARB's draft update aims to tighten emissions limits and cut credits, following California lawmakers and Gov. Newsom's request last summer to revise the cap-and-invest program before the public hearing at the end of May.
- Chevron projections show a $1 increase per gallon by 2030, with 536,770 jobs at risk, 'these impacts will fall most heavily on lower-income households'.
- CARB spokeswoman Lindsay Buckley said the board is accepting public comment through Monday, March 9, and defended the plan as the most cost-effective way to meet climate goals, projecting $485 billion in global savings, $56 billion to benefit utility ratepayers, and $37 billion in climate investments.
- With two refineries recently shuttered, California imports about 70% of its oil, and CARB has increased its carbon reduction target to 90%.
Insights by Ground AI
14 Articles
14 Articles
Refinery Shutdowns, EV Dreams, and $8 Gas: The Price of California’s Climate Delusion
Chevron has warned that California could face an economic collapse under Governor Gavin Newsom’s policies, according to a doomsday letter sent by the company. The post Refinery Shutdowns, EV Dreams, and $8 Gas: The Price of California’s Climate Delusion first appeared on Le·gal In·sur·rec·tion.
Coverage Details
Total News Sources14
Leaning Left0Leaning Right9Center2Last UpdatedBias Distribution82% Right
Bias Distribution
- 82% of the sources lean Right
82% Right
C 18%
R 82%
Factuality
To view factuality data please Upgrade to Premium
