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Story perspectives

California Refinery Closures Spark Nevada Fuel Crisis Concerns

1/6/2026

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Story summary
  • California's recent refinery closures by Phillips 66 and Valero reduce capacity by 284,000 barrels per day, about 17% of the state's output.
  • Nevada relies on California for 88% of its fuel, raising concerns about shortages, higher prices, and spikes up to $8 per gallon.
  • Governor Joe Lombardo of Nevada formed a fuel resiliency subcommittee to address Nevada's potential supply risks.
  • Sinclair Gas plans to expand operations to as much as 150,000 barrels per day by 2028.