Covering the people who shape energy politics in California
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Assembly budget-chair Nancy Skinner introduced the bill this week. Here’s what you need to know.
The California Democratic Party passed a resolution in support of a windfall profits tax. Golden State Grid obtained a copy of the resolution.
What can $1.8 million buy you in California these days? Apparently not a state Senate seat. But that didn’t stop the oil and gas industry from trying. A political action committee funded exclusively by Chevon, Valero, Phillips 66, and Marathon Petroleum spent big in an attempt to influence the race for the newly-drawn Senate District 38 seat.
“It’s time for these companies to stop war profiteering, meet their responsibilities to this country, give the American people a break and still do very well.” That’s President Joe Biden, who, on Monday, threatened big oil with a windfall profit tax.
The cold war between Governor Gavin Newsom and Big Oil is heating up this week. The battle lines for the next skirmishes are already drawn.