The California Energy Transition

The California Energy Transition

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The California Energy Transition
The California Energy Transition
Reuters: California Has Nearly Stopped New Oil Well Approvals
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Reuters: California Has Nearly Stopped New Oil Well Approvals

Jul 15, 2023
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The California Energy Transition
The California Energy Transition
Reuters: California Has Nearly Stopped New Oil Well Approvals
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The California Geologic Energy Management Division (CalGEM) has effectively stopped issuing permits for new oil wells. The regulator has approved only seven new active drilling well permits in the first half of 2023, down from more than 200 in the first half of 2022, according to Reuters. The oil industry is waiting for approval on more than 1,400 permi…

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