US EditionCalifornia Gasoline Prices Rise After Refinery Fire
Chevron's El Segundo refinery fire reduces fuel output amid California's shrinking refining capacity and planned closures, risking further gasoline price increases, officials say.
- A large fire broke out on Thursday night at Chevron's 280,000-bpd El Segundo refinery in the Los Angeles area, which has operated since 1911 and spans roughly 2 square miles.
- California now relies on nine refineries for nearly all fuel, with no pipelines from other states and closures by Phillips 66 and Valero risking 17% capacity loss.
- GasBuddy data indicate prices jumped more than 1 cent per gallon from midday Monday to mid-afternoon Tuesday, with Oct. 2 prices at $4.55 in San Jose and $4.71 in Los Angeles.
- Gov. Gavin Newsom has called a special session and signed legislation for 15% ethanol gasoline, which he said would lower prices by up to 20 cents a gallon, while Chevron maximizes output from undamaged units.
- If El Segundo were to close, the loss in refining capacity would double to more than a third of the state's total, following planned Phillips 66 and Valero closures removing roughly 17%.
18 Articles
18 Articles
Marin Independent Journal
California gasoline prices rise after refinery fire
Gasoline prices hopped higher in the wake of a Chevron refinery fire in Southern California last week as the energy company seeks to maximize output from the fuel factory’s undamaged units. In several key markets across the state, including the Bay Area, average prices for regular unleaded gasoline were higher during mid-afternoon Tuesday than before the Chevron El Segundo fire on Friday, according to GasBuddy. As of mid-afternoon Tuesday, avera…
Chevron Keeps Its Los Angeles-Area Refinery Operating After Explosion
Chevron’s oil refinery near Los Angeles has continued to produce gasoline for transportation as workers slowly restart equipment halted by last week’s fire, officials confirmed on Oct. 6. “We extinguished the fire Saturday morning and are working to restart some of the process units which were shut down during the fire and response,” Ross Allen, a Chevron communications advisor, told The Epoch Times in an email. An explosion at about 9:30 p.m. o…
LA Daily News
Refinery fire spotlights California’s gas supply crunch and high prices at the pump
Thankfully, last week’s explosion and fire at California’s second largest refinery, Chevron’s El Segundo plant, was not an environmental catastrophe. But it could have serious economic and political impact. It occurred as Gov. Gavin Newsom and other Democratic figures were in the midst of a 180-degree political pirouette: a shift from denouncing makers of gasoline as price gouging polluters, to beseeching them to continue production. California …
Chevron Works to Restart Units at LA Refinery after Fire
Chevron’s El Segundo refinery in California is producing fuels at reduced rates following last week’s massive fire, the supermajor said on Tuesday, adding it is working to restart units that were shut down after the incident. Following an explosion of a yet-to-be-determined nature, a large fire broke out on Thursday night at Chevron’s 280,000-bpd refinery in El Segundo in the Los Angeles area. The fire was later contained, the police in El Segun…
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