Phillips in Carson CA and Valero in Benicia CA are closing. I heard Chevron is downsizing. They are expecting gas to be $8 a gallon next year. A strong platform for governor newscum to run for President on in 2028.
California as ridiculously high prices and gas is almost $5 a gallon. Fortunately my truck burns E-85 which is going for $2.89 a gallon and with my driving habits I only see about a 3 MPG drop from regular gas.
On those two bolded points:
I don't think Chevron is downsizing, at all. They've built quite a complex here in Texas and I just finished a major project for them in the last 2 years in a refinery they bought about 4 years ago.
I don't see gas hitting $8/gal anytime soon unless the states up their gas taxes considerably. It might hit $8 in CA with Newsom doing what he's doing, but the rest of the country should see a decline in prices. I know the plants are all ramping up right now and we have a tremendous amount of work kicking off an in the pipeline (no pun intended).
They shut down everything for a couple of months while the tariff scare was going on, but then all of them just seemed to open up and we've had a hell of a boom.
KC