California's high gas prices are Gavin Newsom's fault — and a gift to China
Over the past two decades, Californians watched its refinery count fall from 20 to 11.
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Summary
When Phillips 66 walked away from its LA-area refinery last year, and Valero announced the closure of its Benicia facility this year, California lost roughly 17 percent of its refining capacity in under two years. The Institute For Energy Research recently noted that California is now importing 20% of its gasoline from Asian refineries, and imports of refined products are up 36% this year.
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When Phillips 66 walked away from its LA-area refinery last year, and Valero announced the closure of its Benicia facility this year, California lost roughly 17 percent of its refining capacity in under two years.
according to New York PostThe Institute For Energy Research recently noted that California is now importing 20% of its gasoline from Asian refineries, and imports of refined products are up 36% this year.
according to New York Post
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