Governor Newsom’s energy policies are making the state increasingly vulnerable to price spikes and supply interruptions driven by global geopolitics.

The governor’s proposal would save just $0.03 per gallon when Californians are paying a staggering $1.35 per gallon more than the national average.

Policy decisions should be based in a cold assessment of costs and benefits. Newsom’s moves to shut down in-state oil production are big on costs – and lack any real benefits.

Data and experience demonstrate that the vague notion of transitioning oil and gas workers to new jobs isn’t anything more than an empty talking point.

Governor Newsom’s unilateral mandates to end in-state oil and gas production require a disregard for basic economics.

The governor’s announcement alarmed elected officials and business groups concerned about job losses, foreign oil dependence and higher costs for families.

The proposal would have killed at least 130,000 jobs, raised gas prices, and made the state wholly dependent on oil imports.

Policies limiting in-state energy production mean California’s economic security is routinely threatened by unpredictable events halfway around the world.

The governor’s latest lip service comes as new data shows the state is strangling a key source of economic activity for the Central Valley.