{"id":342879,"date":"2026-03-11T20:32:29","date_gmt":"2026-03-12T00:32:29","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/chevron-warns-cap-and-invest-program-will-raise-gasoline-prices-in-california\/"},"modified":"2026-03-12T08:15:41","modified_gmt":"2026-03-12T12:15:41","slug":"chevron-warns-cap-and-invest-program-will-raise-gasoline-prices-in-california","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/chevron-warns-cap-and-invest-program-will-raise-gasoline-prices-in-california\/","title":{"rendered":"Chevron Warns Cap-and-Invest Program Will Raise Gasoline Prices in California"},"content":{"rendered":"\n<p>The recent communication from <strong>Chevron<\/strong> to California state leaders is a technical warning about how modifications to the <strong>Cap-and-Invest program<\/strong> could dismantle the state&#8217;s economic foundation. The <strong>California Air Resources Board<\/strong> (<em>CARB<\/em>) proposes emission limits that, according to experts, compromise the financial stability of families and the operational viability of businesses. <\/p>\n\n<h2 class=\"wp-block-heading\">New Policies of the Cap-and-Invest Program<\/h2>\n\n<p>It is estimated that <strong><a href=\"https:\/\/inspenet.com\/en\/news\/oil-price-rises-after-opec-production-cuts\/\" target=\"_blank\" data-type=\"post\" data-id=\"92658\" rel=\"noreferrer noopener\">gasoline prices<\/a><\/strong> could increase by more than a dollar per gallon by 2030 due to the accumulated regulatory burden. Likewise, the viability of the remaining refineries in the state is being questioned. <\/p>\n\n<p>The loss of domestic refining capacity does not imply lower demand, but rather a greater dependence on costly imports arriving by sea, which generates a cycle of volatile prices and greater uncertainty in the <strong><a href=\"https:\/\/inspenet.com\/en\/news\/chevron-donates-250000-after-hurricane-milton\/\" target=\"_blank\" data-type=\"post\" data-id=\"196066\" rel=\"noreferrer noopener\">fuel supply<\/a><\/strong>.<\/p>\n\n<p>There is also a legitimate concern about the region&#8217;s energy sovereignty. The State of California hosts strategic military installations that require an uninterrupted flow of energy to maintain operational readiness. <\/p>\n\n<p>However, if the current regulatory framework forces the cessation of industrial operations, national security will be compromised by a weakened infrastructure. Furthermore, the threat to more than 500,000 jobs linked to the <strong>oil industry<\/strong> is a latent reality that legislators must consider. These jobs represent competitive wages and necessary tax revenue to fund essential public services such as healthcare and education.  <\/p>\n\n<p><strong>Source and photo: <a href=\"https:\/\/www.chevron.com\/newsroom\/2026\/q1\/californias-economy-faces-threats-with-new-energy-policy-changes\" target=\"_blank\" rel=\"noreferrer noopener\">Chevron<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to local projections, citizens&#8217; pockets will be the first to be affected by this shift in energy policy.<\/p>\n","protected":false},"author":8404,"featured_media":342874,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-342879","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/342879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/8404"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=342879"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/342879\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/342874"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=342879"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=342879"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=342879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}