Senate Bill 953, a proposal that cleared its first hurdle Tuesday, would allow the State Lands Commission to terminate some offshore oil leases by the end of 2024.
Senate Bill 953, a proposal that cleared its first hurdle Tuesday, would allow the State Lands Commission to terminate some offshore oil leases by the end of 2024.
Legislative efforts to shut down offshore oil rigs along California’s coast were reignited after a major oil spill last October. But the costs of shutting down oil production may end up determining the legislation’s fate.
Senate Bill 953, a proposal that cleared its first hurdle Tuesday, would allow the State Lands Commission to terminate some offshore oil leases by the end of 2024.