Oil companies

California lawmakers passed a six-bill climate and energy package extending cap and trade to 2045, expanding the state’s wildfire fund, approving new oil drilling, and opening the door to a regional power market.

California lawmakers are rushing to extend the state’s landmark cap-and-trade climate program through 2045 amid opposition from unions and industry.

The California Energy Commission decided last week to suspend its ability to impose a profit cap on gasoline refiners for the next five years.

Proposed legislation hasn’t moved out of the state Assembly or Senate, raising questions about how far California will go in its efforts to make oil and gas companies pay for climate damage.

California and other states and counties are using a legal strategy that took down Big Tobacco, hoping to make fossil fuel companies pay for damage they have long denied. But many obstacles remain.

California Gov. Gavin Newsom signed a law Monday aimed at preventing gas prices from spiking, marking the Democrat's latest move in a battle with the oil industry over energy prices and the impacts of climate change.

The California state Senate passed a measure Friday to prevent gas prices from spiking in a state where it is notoriously expensive to fill up at the pump.

The Assembly approves Gov. Newsom’s bill on oil refineries on a 44-17 vote. But the state Senate will have its say when it convenes next week.

The California governor wants new gas reserves to dampen seasonal price spikes. Refiners say the move would raise prices and require new storage tanks.

California’s lawsuit alleges that ExxonMobil has known for decades that recycling would not effectively stem the flow of plastic waste.

Unable to jam through bills he says will lower California gas prices, Gov. Newsom calls the Legislature back into session.

California’s Geologic Energy Management Division is in the midst of finalizing regulations to ban fracking across the state, which will officially go into effect on October 1.