Proposition 23: A self-inflicted wound | TheUnion.com
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Proposition 23: A self-inflicted wound

Follow the money. Chevron is neutral on Prop. 23 while PG&E is against it.

Tesoro and Valero, Texas refiners pouring millions into Prop. 23, purposely keep gas supplies tight in California. We pay the highest gas prices in the country.

Their profits, in the billions, are around 37 percent higher here than their operations in other parts of the country. They gouge us already, so it’s worth a few millions in deceptive advertising to keep those profits rolling.



Make no mistake, if Prop. 23 passes, it’ll have international implications. In the first half of 2010, California attracted 40 percent of global clean-tech venture capital, also 39 percent of all solar energy patents and 20 percent of all advanced battery patents.

A lot of this investment comes from Europe. If Californians pass Prop. 23, we’re telling this venture capital to go somewhere else … and it will.




These refiners are dumping millions here to lower their bottom line, period. They don’t care about California jobs, especially good paying jobs that will instead go to China and elsewhere, if Californians decide to take a step backward and pass Prop. 23.

I’ve had enough of the oil industry attempting to scare us into their forever-continuing monopoly.


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