Add Yahoo as a preferred source to see more of our stories on Google. BAKERSFIELD, Calif. (KGET) — Gov. Gavin Newsom is proposing a bill to streamline permitting for new oil wells. It’s a proposal ...
The Trump administration reportedly has plans to open the waters off California's coast to new oil and gas drilling for the first time in four decades, drawing swift condemnation from Gov. Gavin ...
The MarketWatch News Department was not involved in the creation of this content. LOS ANGELES, Feb. 5, 2026 /PRNewswire/ -- Last year, permit approvals for drilling new wells continued falling, but in ...
Pump jacks are seen at dawn in an oil field over the Monterey Shale formation near Lost Hills, California. David McNew TNS Thanks to electric vehicles, demand for oil has been steadily declining in ...
A lawsuit is underway in California, which could reshape energy production and property rights in the Golden State. In 2022, Democratic Gov. Gavin Newsom signed Senate Bill (S.B.) 1137 into law, which ...