Lawmakers warn refinery closures could drive California gas prices higher

Описание: California lawmakers are warning that refinery closures and declining in-state oil production could drive gas prices even higher and create national security concerns. Rep. Vince Fong and Assemblymember Stan Ellis say the expected shutdown of the Valero refinery in Benicia and the Phillips 66 refinery in Los Angeles could cut the state’s refining capacity by nearly 20%, increasing dependence on foreign imports, particularly from India. They argue this threatens fuel supplies for more than 30 military bases and could push consumer prices sharply upward. Experts say California has no backup plan and could see per-gallon prices reach double digits if refinery closures and a key pipeline shutdown occur. Gov. Newsom’s office did not comment; he recently approved new drilling permits in Kern County, which advocates say is not enough to offset supply losses.

#CaliforniaGasPrices
#EnergySecurity
#RefineryClosures
#OilProduction
#CaliforniaNews


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