As California prepares for the shutdown of two major oil refineries, the conversation is already shifting toward the familiar panic points: rising gas prices, state policy failures, and who voters should blame. The Phillips 66 refinery in Los Angeles is effectively already closed, and in April, the Valero refinery in Benicia is scheduled to follow. When prices spike, the narrative will be predictable.
What will be far less discussed is why the Valero refinery is closing in the first place.
Posted by UOMOD