US EditionValero tells state regulators its considering closing Benicia refinery, SF Chronicle reports
- Valero Energy shared its plan to possibly stop refining at the Benicia Refinery by April 2026.
- California's strict rules on refineries are prompting some to consider ceasing their operation.
- This closure will eliminate a production capacity of 145,000 barrels each day, impacting regional fuel supply.
- Governors Hobbs and Lombardo warned Newsom that 'increased regulatory burdens...will result in higher costs'.
- The Benicia refinery closure adds to existing strains, potentially leading to greater reliance on maritime imports.
41 Articles
41 Articles
How would the potential closure of the Valero Benicia Refinery impact gas prices?
Experts say Valero's possible closure of the Benicia refinery, which produces about 9% of California's gas, is "quite disturbing," and the state would need to import more gas to keep prices from rising too drastically.
Valero Plans to Close Northern California Oil Refinery
Another California oil refinery will close next year, raising the possibility of further pressure on gasoline supplies and higher prices for motorists. Texas-based Valero Energy Corporation said on April 16 that it had submitted a notice to the California Energy Commission of its intent to idle, restructure, or cease operations at its Benicia Refinery in Northern California by the end of April 2026. “We understand the impact that this may have o…
A refinery in Northern California may shut down: What does that mean for drivers?
By next year, California may have one less refinery to produce gasoline and other fuels to motorists across the state. Valero, one of the country’s major transportation fuels producers, notified the California Energy Commission on Wednesday morning that the company intends to “idle, restructure, or cease refining operations” at Valero’s refinery in Benicia by the end of April 2026. Valero officials did not give a specific reason why it might cea…
Watauga Democrat
California losing another refinery, impacting AZ and NV; fuel shortages possible
(The Center Square) - With Valero announcing the pending closure of one of its two remaining California refineries, the state will lose at least 18% of its current refining capacity by the end of 2026.
Coverage Details
Bias Distribution
- 36% of the sources are Center, 36% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
