California Faces Fuel Disaster As Refineries And Gas Stations Shut Down.
Experts suggest prices could go as high as $10-$12 per gallon as a result of the supply squeeze, spreading outside of CA to Arizona and Nevada. Republican lawmakers say that the loss of in-state production threatens not only consumer prices at the pump but also the state’s military readiness; a matter of national security.
Lawmakers in California at both the state and federal levels are warning that refinery closures could push prices higher while leaving the state more dependent on foreign oil. At the center of the warning is the planned shutdown of two major refineries: Valero’s Benicia facility and Phillips 66’s Los Angeles plant. Together, the closures would eliminate nearly 20% of California’s in-state refining capacity. https://www.zerohedge.com/...
Experts suggest prices could go as high as $10-$12 per gallon as a result of the supply squeeze, spreading outside of CA to Arizona and Nevada. Republican lawmakers say that the loss of in-state production threatens not only consumer prices at the pump but also the state’s military readiness; a matter of national security.
Lawmakers in California at both the state and federal levels are warning that refinery closures could push prices higher while leaving the state more dependent on foreign oil. At the center of the warning is the planned shutdown of two major refineries: Valero’s Benicia facility and Phillips 66’s Los Angeles plant. Together, the closures would eliminate nearly 20% of California’s in-state refining capacity. https://www.zerohedge.com/...
04:52 AM - Dec 22, 2025
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