Silicon Valley veterans view Sacramento’s obsession with renewables mandates with pragmatic detachment. Blessed with disposable income sufficient to make them indifferent to the price of gasoline or electricity, they view life on the bleeding edge as an opportunity for California to lead the world into the electric age. They’re not wrong. Heartless, perhaps. But not...
It’s well known by now that California’s refinery capacity is stretched to the limit. The state’s total crude oil consumption last year was 1.40 million barrels per day, with daily refinery capacity at 1.62 million barrels per day. When accounting for downtime for maintenance and accidents such as the fire in the PBF refinery in Martinez, that’s a thin...
We are told that water scarcity in the arid American West is inevitable and that the great water projects of the past century were the product of misguided hubris. Environmentalists call for Westerners to shrink their agricultural sector and ration their urban water use and, increasingly, demolish the dams and reservoirs that enabled a civilization...
If there is anything that might constitute an overwhelming institutional consensus in California, it’s that we are experiencing climate change, and that one of the consequences will be more rain, less snow, and more so-called whiplash between very wet years and very dry years. In an average year these days, 30 million acre feet of water...
When it comes to building water supply infrastructure, even if regulations are streamlined and litigation is contained, there are massive costs. Quantifying these variables is something we have focused on a great deal, most recently in WC#96, “The Economics of the Delta Tunnel.” In that and other reports we’ve offered a highly simplified cost/benefit equation: divide...
When we talk about EVs, it is reasonable to suggest that at their current level of price and performance, whoever wants to use one has already made the purchase. After a decade of rapid year-over-year growth, EV sales in California in 2024 were actually a bit lower than they were in 2023. There aren’t enough...
One of the most controversial water issues in California is the proposed Delta Conveyance. The 45-mile-long tunnel will have the capacity to move up to 4 million acre feet per year from the Sacramento River safely under the fragile delta ecosystem, delivering water to southbound aqueducts. That’s not bad. But the reservoir storage necessary to allow the...
One of the biggest debates over environmental stewardship is whether a degraded ecosystem is best left completely alone to recover or whether it should instead be restored by increasing human intervention and management. A perfect example of this is the conifer forests of California, extending over nearly 30,000 square miles. For millennia, lightning strikes ignited fires that...
The moral argument for resuming oil drilling in California is simple: the state still relies on petroleum for fifty percent of its annual energy inputs, and until we can overcome that reliance, we should be producing it here, where it’s subject to the most responsible environmental and labor standards in the world. This argument holds up...
The concept of deep water desalination has been around for decades, but only in recent years has the enabling technology been available. Innovations pioneered by the oil and gas industry to better service offshore drilling platforms have matured. These include better ways to protect against corrosion of underwater equipment, and replacing hydraulic with electrical systems....
For anyone unconcerned about the state’s ongoing war against the oil and gas industry, or the impact it is going to have on California’s economic health and overall cost-of-living, a study released on May 5 should be required reading. With strong arguments and immutable data, USC Business Professor Michael Mische predicts that by sometime in 2026, we’ll...
Last week I received an email from a representative of a company planning to build a large scale green hydrogen production facility in California. In reviewing the details announced in this email, which was almost certainly sent to other analysts and journalists, I saw an opportunity to take another look at the challenges facing any...