California refinery closings seen as US security risk as Valero exits in 2026 and gas prices reach $12/gallon
California lawmakers, both state and federal, warn that closing refineries could drive up prices, leaving the state more dependent on foreign oil. At the heart of the warning is the planned shutdown of two major refineries: the Valero plant in Benicia and the Phillips 66 plant in Los Angeles. Together, the shutdowns would eliminate nearly … Read more