California Utilizes Foreign Oil Ships to Alleviate Gas Shortage Amid High Prices
California is employing an old method to address its gas shortage by allowing foreign-registered oil ships to transport oil between U.S. ports, bypassing a 1920 law. This decision, supported by the Trump administration, aims to supply the state with much-needed gas that in-state pipelines cannot provide. Governor Gavin Newsom has opposed new pipeline projects due to environmental concerns, despite California's high gas prices. The waiver for foreign oil transport is set to expire on May 17, but the administration is considering an extension. This move has already resulted in several shipments arriving in California, with the expectation of reducing gas prices.