News  Sources

Newsom Says California Will Oppose Offshore Drilling Expansion As State Relies on Iraqi Imports To Meet Energy Demands

California governor Gavin Newsom has firmly rejected a federal proposal to expand offshore oil drilling along the state's coast, declaring it 'dead on arrival' during a climate summit in Brazil. This stance comes as California's reliance on imported oil, particularly from countries like Iraq, Saudi Arabia, and Nigeria, has reached record levels, with imports now accounting for over 63 percent of the state's oil supply. Despite entering into climate agreements with some oil-exporting nations, Newsom and state officials argue that new drilling poses too great a risk to California's environment and coastal communities. Meanwhile, declining in-state oil production and refinery closures are expected to drive gasoline prices even higher, with forecasts suggesting prices could exceed $8 per gallon by 2026.

Original article source: https://freebeacon.com/california/california-dependent-on-iraqi-oil-imports-will-oppose-plan-to-expand-offshore-drilling-gavin-newsom-says/
Source Id: 8956388662

share this article:  

Our mission is to provide you with up-to-date, concise news from multiple sources in one place, keeping you informed about Israel.
 
Hit 'Subscribe' to get the latest curated news about Israel delivered daily to your inbox