California Oil Production
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California oil and gas production meets the strictest environmental regulations in the world.
Source: Institute for Applied Economics, LAEDC Oil and Gas Industry in California 2019 Report
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California oil and gas production is overseen by over 25 federal, state and local agencies.
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Source: Institute for Applied Economics, LAEDC Oil and GasIndustry in California 2019 Report
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California's local oil production supports 50,000 jobs throughout the state, mostly in the Central Valley.
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Sources:
Economic and Revenue Impacts of a Statewide Oil Production Ban in California, December 2018, Capitol Matrix Consulting
Updated data: Economic Impacts of Oil Production Tied to Well Stimulation Treatments in California, January 2021, Capitol Matrix Consulting -
California oil and gas production provides our state with $1.5 billion dollars in tax revenue to fund schools, social services, and public safety every year.
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- 54 cents of every dollar from California's oil and gas property taxes go to public schools
Source: Methodology and assumptions: Economic and Revenue Impacts of a Statewide Oil Production Ban in California, December 2018, Capitol Matrix Source: CA Board of Equalization 2020-2021 Annual Report
- 54 cents of every dollar from California's oil and gas property taxes go to public schools
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In the last four years, California's local oil and gas production has shut down by 22%, primarily due to California's energy policies. But, decreasing California's local production does not decrease our consumption, just where our oil comes from.
California oil production by quarter, 2018-2022
Source: U.S. Energy Information Administration CA Production of Crude Oil