DiFi Endorses Infrastructure Bonds

August 9, 2006 · Filed Under Uncategorized · Comments Off 

Backers of this fall's $37 billion dollar infrastructure bond package are touting a formal endorsement of the proposals by U.S. Senator Dianne Feinstein.

The San Francisco Democrat, often thought of as the most popular elected official in the state, today endorsed the alphabet soup of measures at the top of the November ballot-- Propositions 1-A, 1-B, 1-C, 1-D, and 1-E. A release from the campaign quotes Feinstein as saying the bonds will mean "steady improvements that will help sustain California's economy and our quality of life for the long term."

Bond supporters are just beginning their organized campaign. And on some of the issues, most notably the housing bond (1-C) and the education bond (1-D), polls so far have shown many voters are initially skeptical.

"Monitoring" Gas Prices

August 9, 2006 · Filed Under Uncategorized · Comments Off 

Governor Schwarzenegger has asked state energy officials to, in the words of a news release from his office, "closely monitor" the state's gas prices in the wake of British Petroleum's shutdown of its Alaskan oil field operations.

The governor sent word to the California Energy Commission to keep an eye on the situation. According to the governor's office, 20% of the crude oil used in California refineries in 2005 came from Alaska's North Slope. Schwarzenegger also sent a letter today to federal officials asking them to expedite the investigation of BP's oil pipeline, and to also expedite any shipments of oil from the nation's Strategic Petroleum Reserve to the West Coast, should the reserve be tapped.

The high price of gas continues to show up in public polling as a big issue with voters. And you might remember that several months ago, Schwarzenegger asked the state's energy commission to look into the reasons for the spike in prices during the spring of 2006. The interim report, which was issued in June, merely confirmed that prices were higher than normal. The final report is expected to be released one week from tomorrow.



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