The Briefing Room
State Chapters => California => Topic started by: rangerrebew on August 05, 2020, 05:46:33 pm
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Rough energy news for California
By Craig Rucker |August 5th, 2020
Californians just received terrible news.
Marathon Martinez, one of their major refineries, announced that it will go idle indefinitely. This will cost the Golden State thousands of jobs and hamper its economic recovery.
Californians already suffer the highest fuel costs in the continental United States. The loss of this refinery will make energy even more scarce and expensive.
Energy analyst Ron Stein reports at CFACT.org:
https://www.cfact.org/2020/08/05/rough-energy-news-for-california/?utm_source=rss&utm_medium=rss&utm_campaign=rough-energy-news-for-california (https://www.cfact.org/2020/08/05/rough-energy-news-for-california/?utm_source=rss&utm_medium=rss&utm_campaign=rough-energy-news-for-california)
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Diablo Canyon, a big supplier of California's electricity - something like 9%, is scheduled to be decommissioned in 2024.
Expect the price of electricity to continue to skyrocket there...