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Significant increase in California utility bills due to Aliso Canyon by June 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
California Public Utilities Commission reports or major news outlets
Story
California Public Utilities Commission Votes to Keep Aliso Canyon Gas Facility Open Indefinitely, Addressing Utility Bills and Safety Concerns
Dec 20, 2024, 03:18 AM
The California Public Utilities Commission has voted to keep the Aliso Canyon gas storage facility open indefinitely, despite ongoing concerns about safety and environmental impact. Governor Gavin Newsom emphasized the need for a balanced approach that protects residents while avoiding drastic increases in utility bills. The facility, which was the site of the largest methane blowout in U.S. history, has faced scrutiny regarding its operational risks. The decision aims to provide a reasonable path forward for the natural gas market in California, addressing both energy needs and community safety.
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Less than 60 cents • 25%
60 to 70 cents • 25%
70 to 85 cents • 25%
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