SACRAMENTO — California Gov. Gavin Newsom proposed a $144 billion general fund budget in his first spending plan Thursday, up 4 percent from the current year. The new governor's budget includes $13.6 billion to build the state's reserves and to pay down state debt and its growing pension liability. It's...
Drill, Baby, Drill: U.S. Could Become World's Top Oil Producer
The U.S. is on pace to leapfrog both Saudi Arabia and Russia and reclaim the title of the world's biggest oil producer for the first time since the 1970s. The latest forecast from the U.S. Energy Information Administration predicts that U.S. output will grow next year to 11.8 million barrels...