Climate Change Dispatch by Ronald Stein on Aug 4, 2020
California just experienced a catastrophic loss from the COVID-19 impact on the economy, as one of its major refineries, Marathon Martinez, has just announced it will be idled indefinitely.
With airlines and cruise ships virtually shut down, and vehicle transportation at an all-time low, the demand for fuels and petroleum-derivative products is at an all-time low. The Northern California refinery, one of the largest in the state has just become a COVID victim.
We have all seen the photos of those foreign tankers with crude oil parked off the coast of California. This, as the refineries had no use to manufacture products that were in limited demand.
With in-state crude oil production at an all-time low and going lower with pressure from the Governor, California’s dependency on other suppliers has increased imported crude oil from foreign countries from 5 percent in 1992 to 58 percent today of total consumption.
The imported crude oil costs California more than $60 million dollars a day, yes, every day, being paid to oil-rich foreign countries, depriving Californians of jobs, careers, and business opportunities.
More:
https://climatechangedispatch.com/more-bad-energy-news-for-california/
