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California’s quest to phase out fossil fuels could make Nevada gas prices soar
California refinery closures totaling 284,000 barrels daily, about 17% of state capacity, risk higher Nevada fuel prices by summer, impacting transportation and emergency services.
- California's recent refinery closures and planned shutdowns have experts warning of fuel shortages and price spikes in Nevada, as Phillips 66 and Valero remove 284,000 barrels daily from supply.
- California's climate rules and mandates have reduced refining capacity from 2.38 million to 1.64 million barrels per day, driven by high costs and industry consolidation, according to state energy regulators.
- Nevada gets roughly 88 percent of its fuel from California via the CalNev pipeline, Bay Area–Reno and Salt Lake City–Las Vegas lines, with wildfire shutdowns interrupting supply in 2019 and earlier this year.
- Impact-first: Nevadans already pay 75 cents to $1 more than the national average, and experts project price spikes up to $8 per gallon, with higher costs likely by next summer, said the Energy and Convenience Association of Nevada.
- This month, Nevada's new fuel resiliency subcommittee meets to develop long-term strategies while Sinclair Gas proposes expansions up to 150,000 barrels per day, with Nevada's in-state output around 170,000 barrels last year.
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Associated Press News+9 Reposted by 9 other sources
California’s quest to phase out fossil fuels could make Nevada fuel prices soar
The recent closure of a California oil refinery — and plans to shutter another in the near future — have some experts warning of potential fuel shortages and price spikes in Nevada and other Western states that depend on the Golden State.
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California’s quest to phase out fossil fuels could make Nevada gas prices soar - The Nevada Independent
Recent closures of a California oil refinery — and plans to shutter another in the near future — have some experts warning of potential fuel shortages and price spikes in Nevada and other Western states that depend on the Golden State.
Coverage Details
Total News Sources12
Leaning Left5Leaning Right0Center7Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 42%
C 58%
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