“We Have An Emergency”: Newsom’s Climate Obsession Could Wreak Havoc California’s Oil Industry

BY TYLER DURDEN

SATURDAY, MAR 07, 2026 – 10:00 AM

The oil-and-gas industry is sounding the alarm over a tightening of California’s cap-and-invest program, warning that stricter emissions caps could drive up gasoline prices and jeopardize the viability of in-state refining.

Source:

https://www.zerohedge.com/political/newsoms-climate-obsession-could-wreak-havoc-californias-oil-industry-we-have-emergency