Crude oil prices briefly spiked to nearly $120 a barrel as the Iran war disrupted key Middle East production sites. Chevron is warning that proposed changes to California’s Greenhouse Gas Cap‑and‑Invest Program could raise gas prices by more than $1 per gallon over the next decade and threaten thousands of oil‑industry jobs, arguing the higher permit costs would push energy companies out of the state. 

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Crude oil prices briefly spiked to nearly $120 a barrel as the Iran war disrupted key Middle East production sites. Chevron is warning that proposed changes to California&rsquo;s Greenhouse Gas Cap‑and‑Invest Program could raise gas prices by more than $1 per gallon over the next decade and threaten thousands of oil‑industry jobs, arguing the higher permit costs would push energy companies out of the state.&nbsp;
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Philip Teresi on KMJ
Weekdays 2-6 PM Pacific on News/Talk 580 AM &amp; 105.9 FM KMJ 
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Philip Teresi - Live, Local, and Original: Weekdays from 2:00 to 6:00PM on Central California's News/Talk 580 and 105.9 KMJ - Always Online at kmjnow.com 

Philip Teresi - Live, Local, and Original: Weekdays from 2:00 to 6:00PM on Central California's News/Talk 580 and 105.9 KMJ - Always Online at <a href="https://www.kmjnow.com/">kmjnow.com&nbsp;</a>

Philip Teresi

Philip Teresi - Live, Local, and Original: Weekdays from 2:00 to 6:00PM on Central California's News/Talk 580 and 105.9 KMJ. Politically independent, socially awkward, and fashionably late.

Philip Teresi - Live, Local, and Original: Weekdays from 2:00 to 6:00PM on Central California's News/Talk 580 and 105.9 KMJ. Politically independent, socially awkward, and fashionably late.