West Coast fuel crisis deepens as remaining refiners threaten to follow Valero, Phillips
California’s refinery closures and import disruptions have created a transportation fuel emergency in the nation’s fourth-largest economy.
Phillips 66 and Valero plant shutdowns eliminated 20% of state refining capacity, leaving six refineries unable to meet 58 million gallons of daily demand.
Jet fuel inventories hit a 23-year low after South Korea halted exports, forcing emergency tanker shipments from Gulf and East Coast refineries.
Refiners warn they may exit California over Cap and Invest regulations, with gas prices potentially reaching $10 to $12 per gallon.
Federal Jones Act waivers are stopgaps that won’t prevent shortages from spreading to Nevada, Arizona and beyond without policy change.
Read Full Article: https://www.naturalnews.com/2026-08-26-west-coast-fuel-crisis-refiners.html
