California's Shrinking Fuel Industry May Bring Pricier Gas
Welcome to Bloomberg's California Edition—covering all the events shaping one of the world's biggest economies and its global influence. Join us each week as we put a unique lens on the Golden State. Sign up here if you're not already on the list.
Valero's San Francisco-area oil refinery is shutting down, executives announced Thursday, and its Wilmington refinery in Los Angeles could be next. Toss in the planned closure of an LA-area Phillips 66 refinery, and California looks poised to lose almost a fifth of its crude-processing capacity.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
42 minutes ago
- Bloomberg
US Economy Has Been 'Relying on Kindness of Strangers' For 3 Years
Jayati Bharadwaj, FX and macro strategist at TD Securities, breaks down why the US Dollar has remained weak, even as other economic indicators are strong amid Trump's trade war. (Source: Bloomberg)
Bloomberg
43 minutes ago
- Bloomberg
NRG CEO Coben Expects Data Center Deals All Over US
Bloomberg Markets: The Close NRG Energy President and CEO Larry Coben says there's not enough electricity in the grid to power nuclear energy. Speaking on "Bloomberg The Close," Coben also discusses the company's LS Power deal and energy regulation. (Source: Bloomberg)
Bloomberg
43 minutes ago
- Bloomberg
Big Take: Everything We Know About the Air India Crash
Moments after taking off, an Air India flight bound for London from an airport in Western India crashed with over 200 passengers on board. Hundreds have died and a search for survivors is ongoing. On today's Big Take podcast, Bloomberg's Benedikt Kammel joins host Sarah Holder to discuss what the crash of Boeing's marquee 787 Dreamliner means for the company and the commercial aviation industry at large.
