When people think of Los Angeles, celebrities and fast cars probably come to mind before oil and gas drilling. But the county has a surprising number of active and abandoned wells. On Wednesday, Los Angeles County supervisors said no more drilling. As County Supervisor Janice Hahn put it, the plan is “a framework for how we transition from dirty fossil fuels to clean energy and make sure we bring our labor partners with us.” L.A.

BING NEWS:
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    If lawmakers approve the current legislation, the fossil fuel industry and mainstream environmental groups have informally agreed not to push any ballot measures or legislation targeting drilling for ...
    05/3/2024 - 12:34 pm | View Link
  • Average LA County Gas Price Drops for 10th Time in 11 Days
    The average price of a gallon of self-serve regular gasoline in Los Angeles County decreased Friday for the 10th time in 11 days, dropping eight-tenths of a cent to $5.333. The average price has ...
    05/3/2024 - 2:26 am | View Link
  • California’s oil watchdog calls out industry for high gas prices; refiners push back
    In California, the international price of oil is more important than the price of domestically produced crude — known as West Texas Intermediate — because the Golden State relies on overseas fuels. In ...
    05/1/2024 - 4:28 pm | View Link
  • Oil giant Shell beats first-quarter profit estimates despite weaker gas prices
    British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, despite a sharp downturn in natural gas prices in Europe. Shell reported adjusted earnings of $7.7 billion for ...
    05/1/2024 - 1:00 pm | View Link
  • Gov. Polis announces major oil and gas truce in exchange for transit funding
    The agreement centers on a new fee on drilling projects that would fund a large state investment in public transportation.
    05/1/2024 - 4:04 am | View Link
  • More

 

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