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California accelerates oil drilling in Kern County to combat high gas prices and refinery losses.
California is fast-tracking 2,000 new oil wells annually in Kern County to counter declining production, refinery closures, and high gas prices, with Governor Newsom signing legislation to stabilize fuel supply amid industry exodus.
Despite abundant oil reserves, decades of strict regulations, a drilling moratorium, and high operating costs have driven companies like Chevron and Valero to shift operations to Texas.
Refineries have dropped from 40 in 1983 to 13 today, with more closures expected, while gas prices average $4.65 per gallon—well above the national average.
Officials argue the new policy will boost energy security, support cleaner energy transitions, and save consumers money, though analysts remain skeptical due to ongoing industry retreat and lack of investment.
California acelera la perforación petrolera en el condado de Kern para combatir los altos precios del gas y las pérdidas en las refinerías.