SECTION 1.
The Legislature finds and declares all of the following:(a) California is one of the largest producers of oil and natural gas in the nation.
(b) California is one of the largest consumers of oil and natural gas in the nation.
(c) Natural gas is a crucial commodity that is necessary for electricity production, residential heating, commodity production, and industrial manufacturing.
(d) The price of electricity is tied closely to the price of natural gas.
(e) Despite having significant untapped reserves of natural gas, California remains heavily dependent upon out-of-state gas deliveries.
(f) It is in the state’s long-term economic interest to promote policies that maximize the use of available in-state resources and encourage the increased production of natural gas.
(g) It is also in the state’s long-term economic interest to maximize the development of renewable energy sources, decrease its overall dependence on natural gas, and create a more diverse mix of energy supplies and energy efficiency measures.
(h) To the extent practicable, and consistent with Sections 785 and 785.5 of the Public Utilities Code, the Public Utilities Commission should not adopt a tariff that has the effect of discouraging in-state production or storage of natural gas.