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California refineries are set to shut down and it has huge implications for the state: https://www.nytimes.com/2025/09/16/business/energy-environment/california
by jvalencia 1y ago
California refineries are set to shut down and it has huge implications for the state:
https://www.nytimes.com/2025/09/16/business/energy-environment/california-gas-prices-oil-refineries.html https://www.nytimes.com/2025/09/16/business/energy-environme...
- klooney 1y agoThey are irreplaceable assets that would probably cost north of a trillion dollars if someone tried to build them today, and the oil refining countries club is pretty exclusive. Wildly shortsighted from a big picture national capacity point of view.