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CALIFORNIA ECONOMIC GROWTH DEPENDENT ON BALANCED ENERGY POLICY

 SACRAMENTO, Calif., June 3 /PRNewswire/ -- California's current focus on the development of transportation fuel diversity at all costs could put ... "downward pressures on the state's economic and employment growth opportunities," according to Douglas F. Henderson, executive director of the Western States Petroleum Association.
 Speaking today at a California Energy Commission hearing on job creation through energy policy, Henderson cautioned the commission about pursuing mandated fuels diversification that would force consumers, including businesses, to pay substantially more for fuel without achieving commensurate environmental or energy security benefits.
 "Increasing these costs to California industry will unnecessarily stifle -- not stimulate -- job growth in the state," he said.
 Henderson added that the development of alternative fuels will provide consumers with additional choices in responding to environmental and other concerns and that many WSPA members are actively involved in this process.
 The problem, he indicated, is in providing consumers this choice without government promotion of alternative fuels with little regard to the costs to the consumer.
 "Any policy decisions encouraging energy fuel diversity," Henderson said, "should be based on a thorough analysis of total energy efficiency, cost-effectiveness, potential for environmental improvement and improved energy security."
 Citing federal and state statistics, Henderson said that petroleum demand will continue to grow in California regardless of conservation measures and the entry of alternative fuels. He also outlined the value of the oil and gas industry to California's economy and urged the commission to realize that government regulations have a major impact on this industry and its ability to provide transportation fuels into the next century.
 "State and federal officials must understand," he said, "that many of their policies, including a complicated system of costly regulations, have contributed significantly to the rapid decline of a major California industry resulting in a steady drop in production, jobs, royalties and tax revenues to the state."
 -0- 6/3/93
 /CONTACT: Jeff Wilson of Western States Petroleum Association, 818-543-5344/


CO: Western States Petroleum Association ST: California IN: OIL SU:

BP-JB -- LA050 -- 5245 06/03/93 19:06 EDT
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Publication:PR Newswire
Date:Jun 3, 1993
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