Powering California

Californians need ample, affordable and reliable energy to thrive – to power our homes, farms, businesses and schools, fuel our cars, and produce products that we need and use every day. California oil and natural gas producers deliver this energy and generate local jobs, government revenues and economic growth.

While other industries like entertainment and technology dominate headlines, the energy industry quietly elevates Californians to the middle class and provides affordable energy resources that improve the quality of all Californians’ lives. The oil and natural gas industry’s economic activity in the state added $66 billion in value – or 2.7 percent of the state’s gross domestic product – in 2015, based on a 2017 study by the Los Angeles County Economic Development Corporation. The major ongoing investments of California oil and natural gas companies generated $33 billion in labor income, supporting jobs and careers in a wide range of sectors including construction, manufacturing and public safety.

The local oil and natural gas industry enables us to consume energy that is produced in California, by Californians, for Californians. The Golden State has 5 of the 12 largest oil and natural gas fields in the lower 48 states, based on 2013 estimated proved reserves. Yet, even with these abundant resources, California still imports about 72 percent of the oil and 90 percent of the natural gas we consume in the state.

As the state’s largest oil and natural gas producer on a gross-operated basis, California Resources Corporation (CRC) takes pride in providing energy that is critical to our local economy and our state. In an effort to provide facts and information about the industry, CRC sponsors a website called PoweringCalifornia.com to highlight the importance of energy independence for the state, the safety of oil and gas production and how seriously we take it, the efforts made by the industry to conserve water and protect the environment, and the economic contributions of our industry.

Powering California