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Stock impact report

UPDATE 1-California toughens drilling oversight in setback for industry [Yahoo! Finance News]

Berry Corporation (bry) (BRY) 
Last berry corporation (bry) earnings: 2/26 09:07 pm Check Earnings Report
UPDATE 1-California toughens drilling oversight in setback for industry ds stock movement, response from producers) Nov 19 Reuters) - California, the seventh-biggest U.S. oil-producing state, on Tuesday unveiled new regulations for drillers as it seeks to wind down its reliance on fossil fuels. The regulations, which were applauded by environmental groups, sent shares of California-based oil drillers Berry Petroleum Corp and California Resources Corp down sharply. The announcement by Governor Gavin om underscored the sharp differences between the heavily Democratic state and the Trump administration's energy dominance agenda, which has sought to ease oil and gas regulations and boost U.S. production. “These are necessary steps to strengthen oversight of oil and gas extraction as we phase out our dependence on fossil fuels and focus on clean energy sources,” om said in a statement. California announced several new measures, including a moratorium on an extraction technique that uses hi Show less Read more
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