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POLITICS: California’s Energy Crisis: State-Owned Refineries, a Recipe for Disaster – USSA News – U-S-NEWS.COM

Summary by U-S-NEWS.COM
California is considering state ownership of oil refineries as a response to the potential closure of several major refineries due to environmental regulations and market dynamics. The closure of refineries, such as the Phillips 66 facility in Wilmington, could lead to fuel shortages, price spikes and logistical issues, given California’s limited import options and lack of a multi-state logistics network. The proposal for state ownership is view…

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Climate DepotClimate Depot

This won’t end well: California State Government Now Wants to Take Over the Oil Refineries

California is one of the most oil and gas-rich places in the world. But the hostility of its state government is literally driving local producers to leave. Chevron is leaving the state where it wa…

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The American SpectatorThe American Spectator

California Eyes Takeover of Oil Refineries - The American Spectator | USA News and Politics

If you think gas prices are high under the state’s absurdly regulated market-based system, just imagine what they’ll be under this scenario. California’s

·Alexandria, United States
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U-S-NEWS.COMU-S-NEWS.COM

POLITICS: California’s Energy Crisis: State-Owned Refineries, a Recipe for Disaster – USSA News – U-S-NEWS.COM

California is considering state ownership of oil refineries as a response to the potential closure of several major refineries due to environmental regulations and market dynamics. The closure of refineries, such as the Phillips 66 facility in Wilmington, could lead to fuel shortages, price spikes and logistical issues, given California’s limited import options and lack of a multi-state logistics network. The proposal for state ownership is view…

Read Full Article
Red Wave PressRed Wave Press

California’s Energy Crisis: State-Owned Refineries, a Recipe for Disaster

California is considering state ownership of oil refineries as a response to the potential closure of several major refineries due to environmental regulations and market dynamics. The closure of refineries, such as the Phillips 66 facility in Wilmington, could lead to fuel shortages, price spikes and logistical issues, given California’s limited import options and lack of a multi-state logistics network. The proposal for state ownership is view…

Read Full Article
American Drudge ReportAmerican Drudge Report

California Considers Acquisition of Oil Refineries

California is considering a controversial move toward government ownership of oil refineries as part of its ongoing efforts to address soaring gasoline prices. This proposal follows a recent emergency legislative session led by Governor Gavin Newsom, which aimed to tackle what officials described as corporate greed and price gouging contributing to the state’s high fuel costs. The California Energy Commission has presented the idea of state owne…

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The American Spectator broke the news in Alexandria, United States on Thursday, February 20, 2025.
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