California’s state legislature may succeed in destroying its own oil industry, but it won’t change anything in the world. It will only export jobs and raise the cost-of-living here at home. Here’s a reality check. According to the Statistical Review of World Energy, in 2024, oil, natural gas, and coal contributed 87 percent of the world’s […]
Even confirmed skeptics should be impressed at the rapid improvement in the price and performance of EVs. A new 2026 Nissan Leaf sells for just under $30,000, and can charge in 30 minutes. That’s still not competitive with affordable gasoline powered vehicles, but the gap is closing fast. But while we may be sanguine about the […]
Access to adequate supplies of gasoline and diesel fuel for Californians is in dire peril, and the signing of SB 237 on September 19 will do very little to change that. To rescue the industry, far more sweeping legislation is required. First, to put this in perspective, note that fully 50 percent of California’s raw energy inputs […]