Gas Prices in California Will Soar Following LA Ban on New Oil and Gas Wells, Industry Rep Warns - GV Wire - Explore. Explain. Expose
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Gas Prices in California Will Soar Following LA Ban on New Oil and Gas Wells, Industry Rep Warns

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California Independent Petroleum Association CEO Rock Zierman warned in an interview that aired on Fox Business Tuesday that already high gas prices in Los Angeles will be even higher if oil is no longer allowed to be produced in the area.

Zierman, who heads the group representing nearly 400 oil and gas industry entities, made the comment less than one week after the Los Angeles City Council approved a measure to ban new oil and gas wells and phase out existing ones.

The move is the latest effort to curb the production and usage of fossil fuels in California.

Read more at Fox Business

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