Oil Giant BP Promises a “Fundamental Reset.” What Will That Look Like?
February 12, 2025
Marketplace
Severin Borenstein, Energy Institute Faculty Director, speaks on Marketplace about the rise of Northern California’s gas prices after recent refinery fires.
“‘Oil and gas companies are trying to make money, and they have been following the political wind,’ said Severin Borenstein at the University of California, Berkeley’s Haas School of Business…He said a few years ago those political winds ‘were pretty clearly blowing towards having more emphasis on renewables, and potentially restrictions on oil drilling. That’s changed.'”
Photo: marketplace.org