Chevron warns Newsom’s ‘adversarial’ energy agenda will cripple California economy, send gas prices soaring

Chevron is sounding a dire alarm, warning California Gov. Gavin Newsom and state regulators that newly proposed "cap-and-invest" amendments are a death knell for California’s remaining refineries.The energy giant warns the move will kill more than half a million jobs, threaten national security and spike gas prices by more than a dollar per gallon — all to fuel a state-run "shakedown" of the energy sector — in a letter addressed to Newsom and obtained by The California Globe."The proposed regulation will cripple the survivability of the state’s remaining refineries, which will result in Califo...

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