California's Energy Producers Push Back: Industry Leaders and Policymakers Critique State Regulations

A rising wave of mineral rights owners and oil investors in California is sounding alarms about Sacramento's unfriendly business environment. They argue that excessive regulation is squeezing profits and inflating consumer gas prices. Republican leaders highlight potential refinery closures, directly linking them to Governor Newsom's policies. Meanwhile, mineral owners challenge laws limiting drilling near sensitive areas, fearing economic repercussions. With lawsuits underway, stakeholders advocate for a balanced energy policy, urging California to avoid detrimental foreign reliance while safeguarding local jobs.