MISLEADING: Sable offshore pipeline would lower California gas prices, and California was blocking relief.
Claim
CLAIM: Restarting the Sable offshore pipeline would lower California gas prices, and California was blocking relief.
Fact
FACT: Oil trades at a worldwide price, and American crude sells to the highest bidder — not at a discount for American consumers.
- Oil from Sable would amount to about 1/2000th of total oil production, roughly 0.05%, and would not meaningfully lower prices.
- One month after federal claims about Sable lowering prices, prices were more than $1 per gallon higher.
- The pipeline has been offline since the 2015 Refugio spill and cannot restart without required safety approvals.
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Californians pay lower electricity bills than in Florida and Texas, despite claims
According to the latest data, the average monthly residential electricity bill in CA was below both Florida and Texas.
