Report highlights oil’s large, but smaller, economic benefits

Despite ever-higher regulatory hurdles and waves of production layoffs, California’s oil industry continues to make big contributions to the state’s economy, employment and tax revenue, according to a new report expected to be presented to Sacramento lawmakers.

LAEDC 2025: OIL & GAS IN CALIFORNIA REPORT

In the face of significant challenges, including regulatory pressures, market fluctuations, and global geopolitical tensions, the California oil and gas industry remains a vital economic engine in the state. 

County’s latest attempt at local oil permitting includes new concessions

Public review begins today on a set of revisions to Kern government’s third attempt at a comprehensive environmental review that, in combination with a proposed county ordinance, would allow local petroleum producers to get permits for new drilling and other oil-field activities as long as they pay fees and abide by certain standards.