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Oil Companies Look at Permanent Refinery Cutbacks

 The response to slumping gasoline use would likely mean higher prices for drivers. Consumer advocates want regulators to examine the firms' plans. Energy companies are suffering huge losses from refining because of slumping gasoline use -- a product of the economic downturn and changing consumer habits and preferences. Energy experts say refining cutbacks have already begun and will accelerate as corporations strive for profits.

AB32 plays on economic fears (Editorial)

Petitions are being circulated for a November ballot initiative that would undercut California's landmark legislation to reduce greenhouse gas emissions. Perhaps not surprisingly, it appears that the seed money for the petition drive is coming from two oil refiners, Valero Energy Corp. and Tesoro Corp., based in San Antonio. Each owns refineries in California, including the Valero facility in Benicia.

Bay Area Train Agencies Expect Big Bucks from Prop. 1A Funds

Five Bay Area train operators say they are entitled to as much as $400 million worth of projects to accommodate the $42.6 billion bullet train that would run along the Caltrain tracks from San Francisco to San Jose on its way to Los Angeles. Also waiting for the money to appear are the Santa Clara Valley Transportation Authority, San Francisco Muni and the Altamont Commuter Express.

San Jose's Airport has to Run Like a Business (Editorial)

The discussion of airport challenges that began at a San Jose City Council study session Monday was sobering. There's no obvious remedy for the falloff in business that has resulted from shifts in travel patterns and the economic sinkhole of this recession. The airport doesn't and shouldn't get subsidies from the city. It has to make the bond payments for its badly needed, nearly complete $1.3 billion renovation and keep operating.


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