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Chevron exec warns California climate crackdown could ‘collapse' state's oil industry [Yahoo! Finance]

Chevron Corporation (CVX)  More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
California's war on carbon could blow back at the pump — and wipe out the state's oil business entirely, a top Chevron executive is warning Andy Walz, who heads the company's downstream, midstream and chemicals division, says a looming vote by the California Air Resources Board could pile billions in new costs onto in-state fuel producers — potentially driving refineries out of California for good. “If they add this burden … it's not whether refineries will close, it's when,” Walz told KCRA in a blunt interview Thursday. California's war on carbon could blow back at the pump — and wipe out the state's oil business entirely, a top Chevron executive is warning. Getty Images Andy Walz, who heads the company's downstream, midstream and chemicals division, says a looming vote by the California Air Resources Board could pile billions in new costs onto in-state fuel producers — potentially driving refineries out of California for good. Andy Walz / LinkedIn At the center of the fig [Read more]
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Stockreport

Chevron exec warns California climate crackdown could ‘collapse' state's oil industry [Yahoo! Finance]

Chevron Corporation  (CVX) 
More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
California's war on carbon could blow back at the pump — and wipe out the state's oil business entirely, a top Chevron executive is warning Andy Walz, who heads the company's downstream, midstream and chemicals division, says a looming vote by the California Air Resources Board could pile billions in new costs onto in-state fuel producers — potentially driving refineries out of California for good. “If they add this burden … it's not whether refineries will close, it's when,” Walz told KCRA in a blunt interview Thursday. California's war on carbon could blow back at the pump — and wipe out the state's oil business entirely, a top Chevron executive is warning. Getty Images Andy Walz, who heads the company's downstream, midstream and chemicals division, says a looming vote by the California Air Resources Board could pile billions in new costs onto in-state fuel producers — potentially driving refineries out of California for good. Andy Walz / LinkedIn At the center of the fig [Read more]
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LAST PRICE AT
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%
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