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California regulator delivers ominous warning on imminent oil crisis

California Post·Titus Wu·26 days ago
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The arrival of the last oil tanker carrying crude from the Middle East to California this week has state lawmakers on edge, and an energy expert warning of a gas price “crisis.” Democratic and Republican assemblymembers grilled the California Energy Commission on Tuesday as they try to figure out what can be done to replace the 30% of the state’s oil typically imported from the Persian Gulf. Vessels in the Strait of Hormuz. REUTERS America’s war with Iran has closed off the Strait of Hormuz , and that tanker was the last to depart the region for California before war broke out. The state has no interstate gas pipelines and is heavily reliant on imports. State lawmakers are hoping that the strait reopens soon but asked what would happen if it stays closed for the next 60 days.…

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