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Resigning lawmaker Henry Perea takes job with pharmaceutical industry

Assemblyman Henry Perea, who announced earlier this month his intention to resign from the Legislature, has revealed that he’ll be taking a job with the pharmaceutical industry. State law bans the Fresno Democrat from lobbying his former colleagues for one year following his tenure

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Fossil fuel ‘divestment’ may add to CA pension funding nightmare

If any state in America displays more of a need for a consistent commitment to pension “best practices” than California, I’m not aware of it. Some states’ main retirement systems may be in worse shape than the California Public Employees’

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Fracking watch: China figures out what CA hasn’t 0

April 28, 2013 By Chris Reed This week in Sacramento, environmentalists’ push to block hydraulic fracturing — fracking — in California has a crucial first test. On Monday, AB 1301, which would halt in-state fracking, comes before the Assembly Natural Resources Committee.

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Wall Street doubts CA shale hype — but not Occidental 5

April 11, 2013 By Chris Reed Bloomberg News, which is doing an increasingly good job covering California of late, had an important article Wednesday about likely problems in developing the Golden State’s massive shale reserves. Those reserves could transform the

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California encourages business flight 32

Dec. 21, 2012 By Joseph Perkins Employees at Chevron’s San Ramon corporate headquarters received an unexpected email yesterday. It notified them that a quarter of their jobs are being moved from California to Texas. The oil giant, the Golden State’s

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Price shock shuts down Calif. independent gas stations 38

Oct. 4, 2012 By Wayne Lusvardi In a scene reminiscent out of the mid-1970’s oil shortages, it is being reported that independent gas stations are being shut down in California due to a shortage of supply and a resulting spike

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Chevron refinery fire sets off money grab 9

Aug, 10, 2012 By Joseph Perkins Well, that didn’t take long. No sooner did Chevron douse the fire this week at its Richmond oil refinery before a couple thousand folks, claiming some sort of personal injury or another, started looking for

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