Part 9/15:
Chevron's executive, Andy Walls, warns that continued regulatory burdens could push the company to pull out entirely. The closures would eliminate significant portions of California’s refining capacity, exacerbating already soaring fuel prices and dependency on external sources. Gov. Gavin Newsom's administration has floated a tentative oil drilling proposal—called a "two-for-one" plan—that would permit new drilling for every orphaned or shut-down well, ostensibly to ensure fuel stability.
Criticism of the "Pledge to Green" and Proposed Oil Expansion