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Oil Industry Gains Ground in California Regulatory Battle
30 Aug 2025 07:19 GMT
… California regulator, the California Energy Commission, plans to vote … s assault on the oil and gas sector backfired after … Californian mandates for clean energy vehicles and changed market … s LA facility and Valero’s Benicia refinery, scheduled to close …
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Do Wall Street Analysts Like Valero Energy Stock?
13 Aug 2025 16:32 GMT
… of $41.4 billion, Valero Energy Corporation (VLO) is the … . Looking closer, shares of Valero Energy have also lagged behind the … the Benicia refinery, which would remove about 5% of Valero’s … total refining capacity and 9% of California’s crude oil …
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Concerned about gas prices, Newsom pivots to supporting more oil drilling
21 Aug 2025 01:37 GMT
… prevent a possible spike in gas prices in 2026, which … move is Valero’s plan to close its relatively younger Benicia-based … The second: California has higher gas taxes, about 61 cents per … Severin Borenstein. This means oil companies are making about 50 …
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There’s a ‘lake’ of oil under LA’s soon-to-close refinery. Who’s going to clean it up?
20 Aug 2025 19:32 GMT
… century, workers at an oil refinery with connected facilities … governments increasingly turn to renewable energy — as California plans … Valero-owned refinery in the Bay Area city of Benicia … financial responsibility requirements for oil refineries.)
A lack of …
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Newsom warms to Big Oil in climate reversal
18 Aug 2025 17:45 GMT
… fuels and prioritize clean energy. Its relationship with oil companies became particularly … April, after Valero said it would close its Benicia refinery, Newsom directed … -trade system for greenhouse gas emissions, because oil refiners are seeking a …
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Gavin Newsom warms to Big Oil in climate reversal
18 Aug 2025 12:59 GMT
… fuels and prioritize clean energy. Its relationship with oil companies became particularly … in April, Valero declared it would close its Benicia refinery next year … legislation related to oversight of oil and gas wells, and community protections …
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California energy panel defers debate on gasoline regulatory break
15 Aug 2025 22:26 GMT
… Contributing Writer
The California Energy Commission has tabled a … , and Valero is ceasing operations at a Benicia refinery by … said accommodation with the oil and gas industry will ensure … also the UC Davis Energy and Efficiency Institute director …
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Valero Energy reports decline in Q2 2025 profits
25 Jul 2025 15:18 GMT
Valero Energy has declared net income … Despite the mixed financial performance, Valero is investing in the future … the year, Valero Energy announced the closure of its Benicia and Wilmington … and rising costs. "Valero Energy reports decline in Q2 2025 …
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Governor Newsom has no solutions how to run California’s economy without crude oil
12 Aug 2025 16:15 GMT
… roadways. The same gas tax revenues also fund … Valero refinery at Benicia represents almost 9% of the state’s crude oil … oil, coal, or natural gas.
Under Gavin Newsom’s lack of energy … internationally published columnist and energy consultant, and a policy …
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Californians Choosing Between Gas or Groceries, Utility Bills or Rent
11 Aug 2025 14:58 GMT
… state’s greenhouse gas reduction and clean energy goals since … a very serious energy crisis.
Chevron Oil Company announced last … and Valero announced that it will shut down its Benicia refinery … to rely on foreign oil sources, gas and energy prices will climb. …