Another Refinery Closing in California

[1srelluc]

MSN

With Valero announcing the pending closure of one of its two remaining California refineries, the state will lose at least 18% of its current refining capacity by the end of 2026.

Because California is an “energy island,” meeting demand for California and the parts of Nevada and Arizona that rely on its refineries will require costly imports of volatile fuel by emissions-heavy tanker ships.

Valero is closing one of their two refineries in California. Phillips 66 announced in March that they were closing their refinery.

This, of course, will impact prices and shortages in California, Nevada, and Arizona. I can see $7-8 a gallon for them. If not more in some high-priced areas.

No worries, though.....Newsome felt real good while signing legislation that added more restrictions on refineries and forces them to expand their storage capabilities and their costs.
Meh, I'll have a Coke.
Hopefully it causes more people to move away from CA and they lose more House seats to FL, TX, and other red states.

 

[EvilCat Breath]

California intends to close all refineries. With the planned 15 minute cities, there will be no need of oil or refineries.

 

[Invisibleflash]

MSN

With Valero announcing the pending closure of one of its two remaining California refineries, the state will lose at least 18% of its current refining capacity by the end of 2026.

Because California is an “energy island,” meeting demand for California and the parts of Nevada and Arizona that rely on its refineries will require costly imports of volatile fuel by emissions-heavy tanker ships.

Valero is closing one of their two refineries in California. Phillips 66 announced in March that they were closing their refinery.

This, of course, will impact prices and shortages in California, Nevada, and Arizona. I can see $7-8 a gallon for them. If not more in some high-priced areas.

No worries, though.....Newsome felt real good while signing legislation that added more restrictions on refineries and forces them to expand their storage capabilities and their costs.
Meh, I'll have a Coke.
Hopefully it causes more people to move away from CA and they lose more House seats to FL, TX, and other red states.

Surprised they got any left.

CA was the 2nd largest oil producer in America at one time. TX was the largest.

 

[Invisibleflash]

 

[eagle1462010]

9% of Cali refinery capacity is leaving.

 

[DonGlock26]

"But, the "anxiety" was already in motion. Gas Buddy-dot-com's Senior Petroleum Analyst Patrick De Haan posting on X;

"It's clear that the political environment in California has been hostile to refiners, and the state badly needs to revise its mentality or face a declining number of refineries and higher prices."

It was a sentiment that was echoed by valley congressman Vince Fong.

"This is something that is not created by the market," Fong asserted. "This is something that is directly caused by Gavin Newsom's poor energy policies.""

Why are all the oil refineries leaving California, and is it time to do something about it

Another oil refinery will soon be closing in California.That's in addition to a refinery already scheduled to close before the end of this year, 2025.just a few

kmph.com

 

[eagle1462010]

"But, the "anxiety" was already in motion. Gas Buddy-dot-com's Senior Petroleum Analyst Patrick De Haan posting on X;

"It's clear that the political environment in California has been hostile to refiners, and the state badly needs to revise its mentality or face a declining number of refineries and higher prices."

It was a sentiment that was echoed by valley congressman Vince Fong.

"This is something that is not created by the market," Fong asserted. "This is something that is directly caused by Gavin Newsom's poor energy policies.""

Why are all the oil refineries leaving California, and is it time to do something about it

Another oil refinery will soon be closing in California.That's in addition to a refinery already scheduled to close before the end of this year, 2025.just a few

kmph.com

No Rational Company wants to do business with Thieves.

 

[Manonthestreet]

You will go electric whether you like it or not.Another step toward shithole status.

 

[Foxfyre]

California intends to close all refineries. With the planned 15 minute cities, there will be no need of oil or refineries.

It isn't a 15 minute walk from anywhere through Yosemite National Park or to get to Disneyland or walk across the Golden Gate bridge. All the population restricted to 15 minute cities will pretty much demolish California's tourist industry. Perhaps they figure they don't need it.

What California needs is a good constitutionalist Republican governor and legislature to end 'wokeness', close down the sanctuary aspect to cities and state, and remove the ridiculous state regulation on oil refineries and refining and unconscionable taxes that will likely push California fuel prices more than 60% above the national average this year.