Refinery Closures Increase Uncertainty About California’s Fuel Future

May 3, 2025

Fox 5 San Diego

Severin Borenstein, Energy Institute Faculty Director, discusses the trends in California’s high gas prices as well as the implications of a decline in gas demand and phase out of refineries.

“These are incredibly complex, expensive facilities, and they are constantly making long-term plans,” Borenstein said. “It’s very hard to predict how they’re going to respond to threats of regulation and threats of declining demand.”

Photo: newsweek.com

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