FLASHBACK: Maxine Waters Says The Silent Part Out-Loud

5 months ago

(May 30, 2008) The original file can be found at Fleetwood Factor's You Tube (https://tinyurl.com/yu8wjm6b). I am merely uploading it here to preserve it for a post of mine: "Statists, Statism — Labels & Obama" (https://tinyurl.com/4w4yufa8 -- May 26, 2010).
🆀🆄🅾🆃🅴
𝐂𝐚𝐥𝐢𝐟𝐨𝐫𝐧𝐢𝐚 𝐏𝐨𝐥𝐢𝐜𝐲𝐦𝐚𝐤𝐞𝐫𝐬 𝐏𝐨𝐧𝐝𝐞𝐫 𝐒𝐭𝐚𝐭𝐞 𝐎𝐰𝐧𝐞𝐫𝐬𝐡𝐢𝐩 𝐨𝐟 𝐎𝐢𝐥 𝐑𝐞𝐟𝐢𝐧𝐞𝐫𝐢𝐞𝐬
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𝐂𝐚𝐥𝐢𝐟𝐨𝐫𝐧𝐢𝐚 𝐚𝐩𝐩𝐞𝐚𝐫𝐬 𝐭𝐨 𝐛𝐞 𝐞𝐧𝐭𝐞𝐫𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 “𝐅𝐎” 𝐩𝐡𝐚𝐬𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐅𝐀𝐅𝐎 𝐜𝐲𝐜𝐥𝐞.
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LEGAL INSURRECTION: https://legalinsurrection.com/2025/03/california-policymakers-ponder-state-ownership-of-oil-refineries/
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I have another article to add to the collection on California’s War on Fossil Fuels.

Legal Insurrection readers may recall that Governor Gavin Newsom signed into law a measure ordering energy producers to stockpile gasoline, despite pushback from industry.

Soon after, Phillips 66 announced plans to stop operations at its Los Angeles-area refinery in the fourth quarter of 2025. Meanwhile, energy giant Chevron moved its headquarters to Texas, citing high taxes and burdensome regulations.

A more recent salvo from our politicos targeting oil companies was the introduction of a new CA Senate bill allowing victims of wildfires and insurance companies to sue oil companies for damages caused by storms, wildfires, and other disasters (often exacerbated by the lack of infrastructure, preventative maintenance, and adequate response resources… otherwise known as “climate change”).

As SB 222 winds its way through our legislature, California policymakers are exploring the possibility of state ownership of one or more oil refineries.
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(LA TIMES) California policymakers are considering state ownership of one or more oil refineries, one item on a list of options presented by the California Energy Commission to ensure steady gas supplies as oil companies pull back from the refinery business in the state.

“The state recognizes that they’re on a pathway to more refinery closures,” said Skip York, chief energy strategist at energy consultant Turner Mason & Co. The risk to consumers and the state’s economy, he said, is gasoline supply disappearing faster than consumer demand, resulting in fuel shortages, higher prices and severe logistical challenges.
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I will point out that the Los Angeles Times article references Russia, Iran, China, and Venezuela in the opening of its article on the subject. If California wants to do Premium Communism, versus the unleaded variety its citizens are currently subjected to, this would be the way to do it.

California appears to be entering the “FO” phase of the FAFO cycle. By mandating electric vehicles (EVs), gasoline consumption has declined. Free market forces are now acting to reduce losses, and there is a potential for even more refinery closures.
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(THE DEEP DIVE) Gasoline consumption in California has dropped 15% since peaking in 2005, according to the Union of Concerned Scientists. Electric vehicles now represent about 25% of new car sales, with the state mandating all new passenger vehicles be zero-emission by 2035.

Major refiners are responding to these shifts. Chevron (NYSE: CVX), which announced its headquarters move to Texas last year, confirmed it has considered ending production at its California refineries. Two facilities have already switched from gasoline to biodiesel production.

“Recent California policies, like banning the sale of new internal combustion engine vehicles by 2035, the potential tax/penalty on refinery profits and the potential new minimum storage requirement are all headwinds to our business and erode our confidence going forward,” said Andy Walz, Chevron’s president of downstream, midstream and chemicals.

“We’re moving toward price controls and government takeover of industries. That’s never worked very well in the history of the world,” said Assembly Republican Leader James Gallagher. .....

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