California's Attorney General Bonta declared Thursday that resuming 50,000 barrels daily of offshore oil production will have “no impact” on global or domestic fuel prices. Speaking on Bloomberg Television, Bonta emphasized that the state’s limited output restart—paused since 2019 over environmental litigation—lacks the scale to influence markets. Price stability hinges on broader OPEC+ decisions and global demand shifts, not localized California operations, he argued. The move underscores tensions between energy policy and economic pragmatism in a state grappling with inflationary pressures.