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CRC

New Los Angeles County Supervisorial District Lines Drawn, Affecting Legislation For The Next Decade

Defining voting power across Los Angeles County for the next decade, the first-ever independently-run redistricting commission approved official district boundaries that affect legislative and executive operations in each of the five districts, including the City of Santa Clarita in the Fifth District.  The L.A. County Citizens Redistricting Commission (CRC) approved a proposed draft with one abstention Wednesday evening that would ...

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Santa Clarita-Based Oil Drilling, Production Company Files Chapter 11 Bankruptcy

Santa Clarita California Resources Corporation CRC Bankrupt

California Resources Corporation (CRC), a Santa Clarita-based oil and natural gas exploration and production company, announced Wednesday that the company has filed for Chapter 11 bankruptcy. CRC, the largest oil and gas producer in California, is now struggling from lowered crude oil prices due to reduced demand amid the COVID-19 pandemic. “We have consistently operated within cash flow, significantly reducing ...

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