All posts tagged: Chevron

Newsom blames Chevron for California’s gas-price problem

Newsom blames Chevron for California’s gas-price problem

Published by Sam Flores

The blame game over surging gas prices is heating up as Gov. Gavin Newsom suggested Chevron could be gouging its customers. California’s governor, who is not shy about promoting his positions with provocative posts, warned Memorial Day travelers on X against pumping gas at Chevron. “Californians, if you’re hitting the road this holiday weekend, be sure to AVOID Chevron,” he said in the post, which included screen grabs showing Chevron gas prices higher than those at nearby unbranded gas stations. “Unbranded gas comes from the same refineries, storage tanks, and pipelines.” The governor’s call-out is part of a larger spat between some California politicians and Chevron. The gas company posted signs at some of its California gas stations blaming the state’s high prices on Sacramento policies. “California politicians are choosing foreign oil and fuels over local jobs and lower costs,” the signs read. It includes a QR code that directs people to a Chevron webpage asking people to “speak up for affordable, reliable energy.” A spokesperson for Chevron did not immediately respond to a request …

A Chevron Texas Power Plant Seeks School District Tax Break

A Chevron Texas Power Plant Seeks School District Tax Break

Published by skeptic

A major oil company is seeking a state tax break in Texas worth hundreds of millions of dollars to build a massive power plant. The energy won’t be going to residential customers, though. Instead, the gas plant will be used to power a data center whose eventual tenant could be Microsoft. Chevron subsidiary Energy Forge One has filed an application with the State Comptroller’s board to obtain a tax abatement for a power plant it’s building in West Texas. In late January, the comptroller’s office made a recommendation to support the application’s approval—the first such approval under the program for a power plant intended solely for data center use. In March, following news reports that Microsoft was looking into purchasing power from the Energy Forge project, Chevron said that it had entered into an “exclusivity agreement” with Microsoft and Engine 1, an investment fund involved in the project. In January, Microsoft pledged to be a “good neighbor” in communities where it is building data centers, including promising to pay a “full and fair share of …

Chevron CEO: Aviation industry issues will ‘probably get worse’ amid Iran war

Chevron CEO: Aviation industry issues will ‘probably get worse’ amid Iran war

Published by Sam Flores

Mike Wirth, the CEO of Chevron, predicted Sunday that the aviation industry will continue to suffer from jet fuel shortages arising from Iranian restrictions on shipping through the Strait of Hormuz. “Inventories of jet fuel in certain parts of the world were at seasonally, relatively low levels before the conflict began. The Middle East refiners… Source link

Nelly Korda With Another 65 Leaves the Field Behind at Chevron Championship

Nelly Korda With Another 65 Leaves the Field Behind at Chevron Championship

Published by Sam Flores

HOUSTON (AP) — Nelly Korda is playing with so much control even her misses are right where she’s aiming. She birdied her last two holes Friday with exquisite irons shots for another 7-under 65, giving her a daunting six-shot lead going into the weekend at The Chevron Championship. Korda has made only one bogey through 36 holes at Memorial Park, missing a 3-foot putt on the sixth hole after a nifty chip from below the green. Otherwise, the two-time major champion has been practically flawless in reaching 14-under 130 that makes her appear to be playing a different course. “I’m comfortable with my game,” Korda said. “I think where I’m the most comfortable is definitely with my mindset of knowing when I mess up I’ll figure it out. Sometimes I think you get stuck in wanting to play well and wanting to be at the top always that you have this tension of not wanting to make a mistake. “I think there is a power in knowing it’s OK to make a mistake and just …

Chevron Warns California Facing Historic Fuel Crisis As Diesel Hits Record

Chevron Warns California Facing Historic Fuel Crisis As Diesel Hits Record $7

Published by Jenni Sidey

The world’s biggest energy execs are currently at the annual CERAWeek conclave in Houston where, understandably, they are dropping bulletin bombs reeking of fire and brimstone, and warning the already critical oil/gas situation will only get worse if the pre-war status quo isn’t restored (which incidentally will be great for their bottom lines… until the world is tipped into a recession). Take US oil giant Chevron, which warned that California is careening toward an energy crisis because of the Iran war (which will likely be resolved soon), and that the company may quit refining oil in the state unless officials roll back taxes and regulations (which is unlikely to ever be resolved as long as Dems are in charge of the Golden State). California is highly exposed to the disruption rippling across commodity markets because it imports about 20% of its refined fuels from Asia. But as extensively discussed here, oil product shipments from China, South Korea, Singapore and elsewhere are at risk of slowing significantly as Iran blocks the Strait of Hormuz, leaving Asian nations struggling …

Why Trump Is Fixated on Venezuelan Oil

Why Trump Is Fixated on Venezuelan Oil

Published by Sam Flores

new video loaded: Why Trump Is Fixated on Venezuelan Oil Venezuela has roughly 17 percent of the world’s known oil reserves, but it produces only about 1 percent of the crude oil the world is using. Our energy reporter Rebecca F. Elliott explains. By Rebecca F. Elliott, Melanie Bencosme, Nikolay Nikolov, Sutton Raphael, James Surdam and Lazaro Gamio January 7, 2026 Source link