Skip to content
Back to Guavy Wire
Stocks

Kern County's Vital Role in California's Energy Future

Instruments
CVX
Share

Kern County is playing a significant role in California's energy future, according to Michelle Burkett, Vice President of Chevron San Joaquin Valley. During Energy Week, Burkett discussed the county's importance and how recent progress in energy permitting has been encouraging for both the industry and local economy.

'When you can develop that certainty, you can advocate for those investments,' Burkett explained, highlighting that greater permitting certainty can help encourage investment dollars to flow back into Kern County. She emphasized that investors need confidence that projects can move forward, and a more predictable permitting environment can provide that certainty.

Burkett also connected energy costs to California's affordability challenges, noting that while gasoline prices are an obvious example, energy costs can affect manufacturing, equipment operation, transportation, and logistics. She said that reliance on foreign crude oil imports leaves the state exposed to global events and potential supply disruptions, contributing to higher energy costs.

Kern County produces approximately 70% of California's in-state crude oil, and Burkett emphasized its extensive experience in developing and producing energy. The region has over a century of experience, including developing infrastructure, creating innovative technologies, and building a workforce with specialized skills. Those resources give Kern County valuable expertise that can contribute to conversations about California's energy affordability, reliability, and long-term future.

More on Stocks

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc