California Truckers Face Bankruptcy as Diesel Hits Crisis Levels | Jackson Nigel
Автор: Jackson Nigel
Загружено: 2026-01-13
Просмотров: 314
Описание:
California's diesel crisis is forcing independent truckers into bankruptcy as refinery closures drive fuel costs to unsustainable levels. With Phillips 66 and Valero shutting down facilities that produce nearly 20% of the state's diesel, small trucking operators are facing profit margins that have turned negative. The San Pablo Bay pipeline closure has cut off Northern California's primary crude supply, making the situation even worse. This is the story of how California's fuel crisis is destroying the trucking industry and what it means for everyone who depends on delivery trucks.
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Disclaimer:
All content on this channel is for informational and educational purposes only. I am not a licensed financial advisor or energy professional. Commentary is based on publicly available information and general market observations, and conditions may change at any time.
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