Gas prices spike as California cuts domestic oil, boosts dependence on foreign imports

Name: Gas prices spike as California cuts domestic oil, boosts dependence on foreign imports
Uploaded: 2026-05-05T17:36:56Z
Duration: 4 min 10 s
Description: California Independent Petroleum Association CEO Rock Zierman joins ‘Varney & Co.’ to warn that state policies are slashing in-state oil production, driving up gas prices and increasing California’s reliance on foreign energy sources.

FBN · May 5, 2026 · 4m 10s

Sign Up Now

Already a subscriber?

California Independent Petroleum Association CEO Rock Zierman joins ‘Varney & Co.’ to warn that state policies are slashing in-state oil production, driving up gas prices and increasing California’s reliance on foreign energy sources.