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Author Topic: California Dems Reportedly Scrambling To Find Buyer For Refinery After Running Owner Out Of Town  (Read 202 times)

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Offline rangerrebew

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California Dems Reportedly Scrambling To Find Buyer For Refinery After Running Owner Out Of Town
« on: July 25, 2025, 05:52:44 am »
California Dems Reportedly Scrambling To Find Buyer For Refinery After Running Owner Out Of Town
 
Audrey Streb
DCNF Energy Reporter
July 23, 2025


California Democrats are reportedly rushing to find a buyer for a refinery scheduled to shut down in 2026 as a potential gas crisis looms over the state, according to Reuters.

The California Energy Commission (CEC) is reportedly actively seeking buyers to stop the upcoming closure of the Valero refinery in Benicia, California, according to three people familiar with the matter that spoke to Reuters. Democrat officials are now reportedly scrambling to keep the refinery operating in California after enforcing stringent regulations that have helped prompt refineries to close across the state for years.

“CEC is engaging with market players to explore pathways for the continued operation of in-state refineries,” the agency told Reuters. (RELATED: Gas Crisis Looms Over California As Dems Continue To Impose Crippling Regs)
 

CEC did not specifically confirm that it is looking for a buyer to Reuters, but did say that it is working to ensure that the refinery stays open. Valero announced its Benicia, California, refinery closure in April, and Phillips 66 refinery is also scheduled to shut down by the end of 2025.

https://dailycaller.com/2025/07/23/california-dems-reportedly-scrambling-find-buyer-refinery-after-running-valero-out-town/
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Offline Timber Rattler

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Re: California Dems Reportedly Scrambling To Find Buyer For Refinery After Running Owner Out Of Town
« Reply #1 on: July 25, 2025, 07:04:58 am »
Nobody's going to buy those soon-to-be abandoned refineries in California except the ChiComs and scrappers.
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Offline catfish1957

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Re: California Dems Reportedly Scrambling To Find Buyer For Refinery After Running Owner Out Of Town
« Reply #2 on: July 25, 2025, 08:33:58 am »
Operating a refinery in CA is like trying to open a brothel in 1690's Massachusetts.
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Offline IsailedawayfromFR

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Re: California Dems Reportedly Scrambling To Find Buyer For Refinery After Running Owner Out Of Town
« Reply #3 on: July 25, 2025, 10:08:46 am »
They will never allow it to close.

The state will make it so expensive for Valero to perform 'environmental cleanup' on a refinery on San Francisco Bay that it will bankrupt the company.

Think $10-20 billion in cleanup costs.

Valero is screwed for doing business in that state and taking the refinery off Exxon's hands.
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Offline Bigun

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Re: California Dems Reportedly Scrambling To Find Buyer For Refinery After Running Owner Out Of Town
« Reply #4 on: July 25, 2025, 10:11:24 am »
Quote from: catfish1957 on July 25, 2025, 08:33:58 am
Operating a refinery in CA is like trying to open a brothel in 1690's Massachusetts.

 888high58888 tipping hat!! :rolling: :rolling: :rolling:
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Offline DefiantMassRINO

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Re: California Dems Reportedly Scrambling To Find Buyer For Refinery After Running Owner Out Of Town
« Reply #5 on: July 25, 2025, 10:15:06 am »
Let California and Germany be a canary in the coal mine for the Western World ... environmentalists don't know $h!t about economics.
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Offline DefiantMassRINO

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Re: California Dems Reportedly Scrambling To Find Buyer For Refinery After Running Owner Out Of Town
« Reply #6 on: July 25, 2025, 10:19:24 am »
Quote from: catfish1957 on July 25, 2025, 08:33:58 am
Operating a refinery in CA is like trying to open a brothel in 1690's Massachusetts.

... too soon, bro, too soon.  It was only in 2004 that Massachusetts allowed alcohol stores to be open on Sundays.
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