Has California’s Oil and Gas Industry Hit the Point of No Return. Major Pipelines Could Be Closing Within Weeks

Katy Grimes, Editor in Chief of the California Globe, and Mike Umbro stop by the ENB Podcast.This podcast rolled around because Katy Grimes, the Editor in Chief of the California Globe, wrote a brilliant story, “Has California’s Oil and Gas Industry Hit the Point of No Return?” and in that story, she is pointing out that the National Security Risk created by Gavin Newsom’s energy policies may have pushed the oil and gas business to the brink of collapse.On the podcast, we discussed that the main pipeline may shut down in weeks, meaning oil drilled in California will have to be trucked to refineries rather than put into the pipeline. Yes, you read that correctly. Shut down in weeks. We also ask, how many of those truck drivers are illegal migrants who can’t read, and we need thousands of trucks that don’t exist.The other huge issue is the sheer number of tankers that will be piling up off the coast, which is a real problem. There is a good chance that some are no longer part of the Dark Fleet and may not be seaworthy or insured.Key Chapter Time Stamps02:17 California’s Oil Crisis is now a Security Risk04:50 California Imports 70% of the oil it requires07:09 Permitting and Regulatory issues for E&P operators10:06 Crimson Midstream Pipeline, The San Pablo pipeline potential shutdown mid-December12:21 The largest oil spills were from Tankers, and we are going to see more tankers on the water, driving potential accidents up.13:51 Shout out to Gene Nelson, PhD., whom I just interviewed, and we talked about that interview that is now in production.16:06 Nuclear plants had been shut down to make way for wind and solar installations.18:52: The oil industry is over22:05 How to fix the broken system23:55 Alaska imports jet fuel, diesel, and gasoline, causing significant environmental damage.41:18 Mike Umbro, Energy Environmentalist: Well, that's about hugs and Chris Wright. I told you I don’t need a hug, I need a permit.Please make no mistake, we have a crisis brewing in California.Katy’s comment that Governor Newsom can’t be this incompetent and that it has to be deliberate really resonated with me while writing this summary.ENB Top NewsENB PodcastENB SubstackOil & Gas InvestingWant to get your story in front of our massive audience? Get a media Kit Here. Please help us help you grow your business in Energy.https://energynewsbeat.co/request-media-kit/

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