Author Topic: Collapse of California’s Crude Oil Refining  (Read 40 times)

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Offline rangerrebew

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Collapse of California’s Crude Oil Refining
« on: May 05, 2025, 05:36:12 am »
Collapse of California’s Crude Oil Refining
Story by Roger Anderson•
5h
 
California’s crude oil refining capacity has dropped from 20 refineries around 20 years ago to only seven expected to operate by 2026. Valero Energy’s Benicia refinery, which processes 170,000 barrels per day and accounts for 9% of state capacity, will cease operations as part of the decline. The planned closure comes amid growing challenges facing refineries under California’s regulatory environment.
In this photo gallery, we assess the response.

https://www.msn.com/en-us/money/markets/collapse-of-california-s-crude-oil-refining/ss-AA1Eanyg?ocid=widgetonlockscreen&cvid=44e19839c7e543249bcfb958fdb4b90b&ei=76
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address