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Valero set to close Benicia refinery at the end of April 2026

  • Valero Energy Corporation will idle its Benicia refinery in California by April 2026.
  • High operating costs and strict environmental rules caused the refinery's closure.
  • The Benicia refinery closure puts approximately 400 jobs at risk in the Bay Area.
  • Valero Chairman Lane Riggs stated they understand the potential impact on stakeholders.
  • California could face higher gasoline prices and reduced refinery capacity after the closure.
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  • 57% of the sources lean Right
57% Right
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KERO broke the news in on Wednesday, April 16, 2025.
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