California Regulators Propose Gov’t Takeover Of Oil Refineries To Stave Off Energy Crisis

[Toddsterpatriot]

The Dabhol plant broke ENRON.

Who cares?

Sober up.

 

[surada]

Admiral Rockwell Tory

What Was Enron? What Happened and Who Was Responsible

Enron was a U.S. energy company that perpetrated one of the biggest accounting frauds in history. Read about Enron’s CEO and the company’s demise.

www.investopedia.com

Enron no longer exists as a company after filing for bankruptcy in 2001 and selling its final business in 2006. The Houston-based energy company was involved in a financial scandal that came to light in October 2001 after a whistleblower letter from then-Enron Vice President Sherron Watkins to Chairman Ken Lay. The company had been using complex off-balance sheet entities to hide billions of dollars in losses from failed projects and deals for years.

 

[Billiejeens]

Enron -

One of the cases that SOCUS over turned scum ball Jack Smith on, yes?

 

[surada]

So, never.

You punks are so ignorant.

 

[Billiejeens]

You punks are so ignorant.

Make your vest go boom

 

[otto105]

When did California have "public power"?

You know that California's stupid regulations are what allowed Enron to screw them, right?

There are a lot of community owned power tools plants in California.

 

[Toddsterpatriot]

There are a lot of community owned power tools plants in California.

How expensive is their electricity?

 

[HikerGuy83]

Yes so what brain dead fuck.

Pot calling kettle black.

 

[BluesLegend]

Dems create energy crisis, screw the poor and working class with sky high gas taxes...then propose government take over of energy.

 

[Billiejeens]

Dems create energy crisis, screw the poor and working class with sky high gas taxes...then propose government take over of energy.

Typical
Right from the playbook

 

[dudmuck]

And how did they fuck up the deregulation?

fuck up is not an appropriate adjective.
exploited is more appropriate.
Enron's corruption is what brought them down, since they were a middleman that provided no value.

 

[surada]

Make your vest go boom

You sound as sick as Trump.

 

[Toddsterpatriot]

fuck up is not an appropriate adjective.
exploited is more appropriate.
Enron's corruption is what brought them down, since they were a middleman that provided no value.

California fucked up the deregulation.

 

[jbander]

Taking over the refineries is a terrible idea.

who's taking over the refinery's

 

[jbander]

The federal govt is the enemy of this country. They are antithetical to the constitution and they need to to be thrown down. Just as the founders call for.

Funny -
a whole military and military leaders that will blow your ass away if you try. This is what the Hate Nazi's think will happen. , the military aren't going to take orders from the generals, they will be controlled by the ignorant lying hate Nazi's (MAGA), they are going to switch to the stupid ignorant brain-dead side and support you.
We all know who you are, You are the hero that says, the only way you can take the guns out of your hands is when you are dead.
You will be running across the field as fast as you can, considering you belong to the old dumb fat man party. With a tank chasing you with the American flag waving and the blare of the music to the national anthem playing and the soldiers with big smiles on their face, and just before they catch up to you, you will shit your pants and throw away your gun right before they drive over your fat ass. To the beautiful sound of Crunch, The new favorite sound of the left.

 

[BluesLegend]

Let's remember CA Dem leader Maxine Waters let slip Dems desire for government take over of ALL the oil companies.

 

[jbander]

That is communism in a nutshell.

You have no clue what communism is even, Give you a hint ace there never has been a communist country , that is unless we use your stupid definition of communism.

 

[jbander]

The federal govt is the enemy of this country. They are antithetical to the constitution and they need to to be thrown down. Just as the founders call for.

Under MAGA yes ,vote dem our candidate is 1000 times better then your candidates. MAGA =hate, stupidity, bigotry and lies.

 

[surada]

who's taking over the refinery's

Daily Caller is ramping up hysteria. I wouldn't worry about it.

 

[westwall]

I have just as much confidence in the California government's ability to properly run the oil refineries as I do in its ability to complete the high speed rail from Los Angeles to San Francisco in time and on budget.

California Regulators Propose Gov’t Takeover Of Oil Refineries To Stave Off Energy Crisis

California regulators have proposed a variety of government forays into the petroleum industry in order to combat future energy price surges

dailycaller.com

California Regulators Propose Gov’t Takeover Of Oil Refineries To Stave Off Energy Crisis​

August 2, 2024

California regulators have proposed a variety of government intrusions into the petroleum industry in order to combat future energy price surges, according to a report released Thursday by the California Energy Commission (CEC).

As the Golden State continues to pursue its green agenda, the CEC expects some of California’s nine oil refineries to be shuttered due to falling demand, which would give the remaining refineries increased pricing power and raise the possibility of a surge in gas prices, the study concluded. To solve this problem, the commission proposed a variety of government interventions, including expanded regulation on private refineries, the establishment of state-owned refineries and an increase in imports.

“The State of California would purchase and own refineries in the State to manage the supply and price of gasoline,” wrote the study’s authors, with the scope of the initiative ranging from “one refinery to all refineries in the state.”

Well, California is pretty much a dictatorship, so illegally stealing a corporations property is right up their alley.