California intensified its battle against fossil fuels by halting new permits for a key production technique following leaks at a Chevron Corp. facility in an area that has pumped crude for more than a century. In his latest salvo against the petroleum industry, Governor Gavin Newsom ordered regulators to assess the safety of high-pressure steamflooding, according to a Department of Conservation statement on Tuesday. Hydraulic fracturing and other oil-production methods also will be examined. “This marks the turning of the tide against the oil industry” in California, said Kassie Siegel of the Center for Biological Diversity. California Resources Corp., the state’s largest oil producer, tumbled as much as 32% and its bonds […]