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Author Topic: Gov. Gavin Newsom Wants Mandate for Oil Companies to Create Stockpile of Gasoline  (Read 442 times)

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Offline rangerrebew

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Gov. Gavin Newsom Wants Mandate for Oil Companies to Create Stockpile of Gasoline
« on: September 09, 2024, 06:35:43 am »
Gov. Gavin Newsom Wants Mandate for Oil Companies to Create Stockpile of Gasoline
The petroleum industry has pushed back, saying the mandate would hurt consumers.

Posted by Leslie Eastman Thursday, September 5, 2024 at 09:00am 
 

Legal Insurrection readers may recall my report about Chevron’s California operations.

Chevron had been headquartered in California for over 140 years, giving it strong roots in this state. However, the toxic policies of California’s lawmakers and regulators have killed those roots.

The fossil fuel giant will relocate to Texas.


Sacramento sees gasoline firms and petroleum refineries as cash cows that will always agree to be milked despite being made into a climate villain and accused of corporate greed.

So, to resolve the state’s serious energy challenges, California Gov. Gavin Newsom called for a special session Saturday after the Assembly rebuffed his efforts to pass an energy package before a critical deadline passed.

Newsom’s plan mandates that the state’s oil companies create gasoline stockpiles.

https://legalinsurrection.com/2024/09/gov-gavin-newsom-wants-mandate-for-oil-companies-to-create-stockpile-of-gasoline/
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Online andy58-in-nh

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Re: Gov. Gavin Newsom Wants Mandate for Oil Companies to Create Stockpile of Gasoline
« Reply #1 on: September 09, 2024, 08:09:41 am »
Here we have a life-long government employee with no private sector experience who does not understand that excess inventory is a form of waste.
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Online Hoodat

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Re: Gov. Gavin Newsom Wants Mandate for Oil Companies to Create Stockpile of Gasoline
« Reply #2 on: September 09, 2024, 08:48:58 pm »
These are the same people who sold off 290 million barrels of oil from the strategic petroleum reserve in order to win the 2022 midterm elections.  Also, gasoline is not stable.  It will deteriorate over time.

But if you think this is bad, wait until you hear their proposal to create stockpiles of electricity.  Huge battery farms costing tens of billions.
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