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Author Topic: Major Gas Company Closes California Refinery Amid New Climate Law  (Read 668 times)

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Online rangerrebew

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Major Gas Company Closes California Refinery Amid New Climate Law
« on: March 09, 2025, 09:18:38 am »
Major Gas Company Closes California Refinery Amid New Climate Law
Story by Roger Anderson • 17h
 
EXXON MOBIL CORPORATION
 
California recently implemented stricter gasoline regulations, requiring producers to maintain minimum reserves. Gov. Gavin Newsom previously signed legislation aiming to stabilize prices, but Phillips 66 responded by announcing the closure of its Los Angeles refinery. Major oil companies, including Chevron and ExxonMobil, have also raised concerns about California’s policies.
In this photo gallery, we assess the response to Newsom's green energy push.

https://www.msn.com/en-us/money/markets/major-gas-company-closes-california-refinery-amid-new-climate-law/ss-AA1Awvqo?ocid=msedgntp&cvid=fdf93457ed0540bda9f20e2288d7ec03&ei=41
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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

Online rangerrebew

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Re: Major Gas Company Closes California Refinery Amid New Climate Law
« Reply #1 on: March 09, 2025, 09:22:01 am »
This should drive up gas prices all the way to Saudi Arabia and make ol' Gavin as popular as Charles Manson. blij26 Another democrat putting himself out of the next presidential election.
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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

Offline Free Vulcan

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Re: Major Gas Company Closes California Refinery Amid New Climate Law
« Reply #2 on: March 09, 2025, 05:13:02 pm »
Great, give the Russians and Iran more money. Good job Haircut.
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Offline catfish1957

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Re: Major Gas Company Closes California Refinery Amid New Climate Law
« Reply #3 on: March 09, 2025, 05:25:29 pm »
 :2popcorn:

Can you imagine what the price of gas is going to look like in CA if every drop of gasoline has to come into California via pipeline or barge?

As one who came from this industry, IMO it's a move that should have been made years ago.
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Offline IsailedawayfromFR

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Re: Major Gas Company Closes California Refinery Amid New Climate Law
« Reply #4 on: March 09, 2025, 07:04:41 pm »
California is starving its citizens of energy.

Besides blaming its largest power company for fires and attempting to bankrupt them, the state just banned all fraccing in October, pushes ever higher gasoline taxes, punishes refineries to unprofitability by excessive gasoline formulations, and imposes ridiculous environmental regulations on producers.

Last year, Exxon had to shut in its offshore oil production as the state refused to permit the oil brought to shore to be offloaded.

It has no solution for dealing with lessened gas and gasoline availability other than saying it will be all EVs in a few years.

And we know what type of joke that one is.

A failed state.
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