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California Faces Fuel Shortages Amid Refinery Closures

7/28/2025

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Summary

Story summary

California's energy transition hits a snag as Phillips 66 and Valero shutter refineries, sparking fears of fuel shortages. Governor Newsom is on the hunt for solutions, eyeing possible oil production boosts. With just seven refineries left, soaring gas prices loom, threatening the state's economy and leaving consumers to bear the brunt of fragile supply chains.

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Story summary

California's energy transition hits a snag as Phillips 66 and Valero shutter refineries, sparking fears of fuel shortages. Governor Newsom is on the hunt for solutions, eyeing possible oil production boosts. With just seven refineries left, soaring gas prices loom, threatening the state's economy and leaving consumers to bear the brunt of fragile supply chains.