Another refinery closure increases California’s dependency on China

[rangerrebew]

Another refinery closure increases California’s dependency on China
By
Ronald Stein
|
May 1st, 2025
 
Over the last several decades, California’s passion to transition away from fossil fuels has overregulated and overly burdened the supply of oil production and refining but has not reduced the increasing materialistic demands of the world for the more than 6,000 products and transportation fuels made from those fossil fuels. Thus, China is savoring the future as its many refineries come online to meet the demand.

The recent announcement that the Valero Benicia Refinery in Northern California will be closing by the end of 2026 was disappointing, but shockingly, a prelude to more closures in the future. The Valero refinery at Benicia represents almost 9% of the state’s crude oil processing capacity to meet the materialistic demands of the state’s residents.

Just last year, in October 2024, Phillips 66 announced that it would close its Wilmington-area refining complex this year, which will further reduce the state’s gasoline, diesel, and aviation fuels production capacity, wiping out more than 8% of the state’s crude oil processing capacity. Losing another 1.3 billion gallons in annual gasoline output will only worsen the state’s supply challenges to meet the demands.

https://www.cfact.org/2025/05/01/another-refinery-closure-increases-californias-dependency-on-china/?utm_source=rss&utm_medium=rss&utm_campaign=another-refinery-closure-increases-californias-dependency-on-china&utm_source=rss&utm_medium=rss&utm_campaign=another-refinery-closure-increases-californias-dependency-on-china

[rangerrebew]

That's good news for Chicoms and Calcoms.

[DefiantMassRINO]

This is a failure for American economic security and defense security.

This is proof that Global Climate Change movement is a Chinese Communist party scheme to weaken the West economically and militarily.

Ask yourselves, "Who is benefiting from the Global Climate Change movement?"  #1 = Chi-coms.