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California's Wilmington Refinery Closure Sparks Gas Price Fears

11/11/2025

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Newsom's Refinery Closures

Phillips 66 announced the Wilmington refinery closure after Governor Gavin Newsom's regulations, marking the second closure in six months.
Critics argue Newsom's policies, including high taxes and inventory requirements, have driven the industry's decline.
The closures could push California gas prices higher, potentially reaching $8 per gallon.
The proposed redevelopment of the Wilmington site into commercial spaces raises concerns about energy resources.

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Seismic Alert Issued

A 3.0-magnitude earthquake struck near San Ramon, California, on November 9, 2025, at 11:50 a.m., per the U.S. Geological Survey.
The quake occurred at about 6 miles deep, with weak shaking reported in Walnut Creek and Livermore.
Officials noted a week of seismic activity in the area, including a 3.8 quake.
They urged people to drop, cover, and hold on, and warned of hazards such as gas leaks and aftershocks.

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Newsom's Refinery Closures

Phillips 66 announced the Wilmington refinery closure after Governor Gavin Newsom's regulations, marking the second closure in six months.
Critics argue Newsom's policies, including high taxes and inventory requirements, have driven the industry's decline.
The closures could push California gas prices higher, potentially reaching $8 per gallon.
The proposed redevelopment of the Wilmington site into commercial spaces raises concerns about energy resources.

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