Governor Newsom is causing another refinery to go down. Valero refinery is considering shutting down. It threatens to throw the inhabitants of the small city of Benicia into unemployment and poverty. Valero is planning to shut down next April instead of selling. No one wants to buy it.
The Benicia Mayor said the plant brings in millions of dollars.
No one wants to buy the plant because it would require a significant amount of money to keep it going. The state of California doesn’t want refiners in its state. They’ve pushed them out, and this is the result.
Newsom doesn’t want refiners, and, as expected, the number of gas refiners is dwindling, leading to increasing gas prices.
Valero warned for some time that the prices were too high, and the regulations too oppressive.
Valero is the newest refinery on the West Coast, bringing a significant amount of gas to the California market.
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I am moving to Utah and would encourage all Utah liberals to embrace their dreams of unicorns and pixie dust and move back to Kalifornia.
There is already a shortage of refineries, since the 70s. People study hard in petroleum/chemical engineering, then graduate and discover the USA economy cannot hire them.
Their state and they voted for it so enjoy those sky high gas prices. Just leave your liberal ideas behind if you planning on leaving and don’t screw up our states.
Elon should reprogram his EVs not to work in the state of CA. Just for the fun of it.
California’s refineries closing will effect the western states. They’ll be desperate for fuel. Unless other refineries expand or new ones get built, It will be a mess. The other states should ban shipping refined products to California.