California’s grid operator is asking customers to limit electricity use during peak hours to help keep power flowing as a “heat dome” settles over the southwestern U.S. But they were warned of this months ago. The North American Electric Reliability Corporation (NERC) warned in May that California faced “significant risk of encountering operating conditions that […]
California’s strict environmental rules mandate gasoline sold within the state be produced according to strict formulas designed to reduce pollution. Unfortunately for citizens, the exotic formula makes a gallon of gas more expensive and difficult to produce. Few refineries outside the state are equipped to produce it. Worse yet, the gasoline formula changes multiple times […]
A report from the Daily Mail last December also showed a close linkage between these lawsuits and Steyer. Two officials inside his nonprofit group, NextGen, were briefed in 2015 on the strategy behind a legal crusade against various oil producers, the Daily Mail report noted at the times. He has repeatedly denied any involvement in […]
However, America’s prolonged period of economic growth and fiscal stasis has been eroding. From 2001 through 2008, annual real GDP growth averaged just 2.1 percent. Over the last seven years, it has fallen another third – averaging just 1.4 percent from 2009 through 2016. Combined over the last 15 years, America’s economy has averaged an anemic 1.8 percent real annual growth – just over half its average from 1946 through 2000.