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2 refineries in California were closed over the last 2 years leading to a 17% reduction in total refining capacity. Per the article, the type of fuel needed by
by brightball 5mo ago
2 refineries in California were closed over the last 2 years leading to a 17% reduction in total refining capacity.
Per the article, the type of fuel needed by California standards is produced at refineries in India, South Korea and Washington.
https://www.eia.gov/todayinenergy/detail.php?id=65704 https://www.eia.gov/todayinenergy/detail.php?id=65704
- jeffbee 5mo ago... because demand is down. California hit peak gas sales 20 years ago and reaching zero motor fuel sales is foreseeable.
- AnimalMuppet 5mo agoReaching zero motor fuel sales is foreseeable? By when do you foresee it? How much below the peak is current sales?
- jeffbee 5mo ago15% in absolute terms, 22% in per capita terms. And it is state policy to allow no more additional ICE cars in less than ten years, no net emissions in less than 20 years. Investing in a refinery today would obviously be folly.