Now California must figure out how to replace some 200,000 barrels of oil a day that will no longer be arriving from the Persian Gulf.
NEW YORK (Reuters) -California's fuel imports rose to the highest in four years in May as refiners turned to historical trading partners in Asia and tapped some unusual routes to make up for shortages ...
California is importing fuel made from Russian crude oil just as the Iran war tightens global crude oil supplies.
Legislators warn of soaring gas prices in California, potentially hitting $10 per gallon due to an impending energy crisis.
Crushed by the state's aggressive climate policies, California's petroleum industry has been in decline for years. Its production levels dropped to a fraction of what they once were, refineries have ...
The United States and China have agreed to lower the escalating tariff rates on trade, a country from which California imported over $172 billion in goods last year. Chinese imports will face a 30% ...
NEW YORK (Reuters) -California's energy regulator on Friday recommended new rules to encourage more private investment in fuel imports and a pause on refiner profit limits, hoping to stop gasoline ...
California stands to feel the Supreme Court’s looming tariff ruling more sharply than any other state. As the nation’s largest entry point for imported goods — from electronics and auto parts to ...