Valero set to close Benicia refinery at the end of April 2026

California Ponders Takeover of Oil Refineries as Facilities Shut Down

Analysts say Californians could be paying significantly more for gasoline with the impending closure of two Phillips 66 refineries in Los Angeles, which account for about 8 percent of the state’s oil refining capacity, by the end of 2025. Valero Energy Corporation on April 16 also announced it will shut down or restructure its Benicia refinery in the San Francisco Bay area—which accounts for about 9 percent of state refining capacity—by April 20…

California Losing Another Refinery, Impacting AZ And NV; Fuel Shortages Possible - Worthy Christian News

By Kenneth Schrupp | The Center Square (Worthy News) – 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. Because California is an “energy island,” meeting demand for California and the parts of Nevada and Arizona that rely on its refineries will require costly imports of volatile fuel by emissions-heavy tanker ships. …

U.S. Refining Giant Valero to Shut California Refinery

Valero Energy plans to idle, restructure, or cease refining operations at its Benicia Refinery in California by the end of April 2026, as one of the biggest U.S. refiners continues to evaluate strategic alternatives for its operations in California. In connection with the evaluation of these strategic alternatives, Valero took a combined pre-tax impairment charge of $1.1 billion for its California operations. The impairment was recorded for the …

Why are all the oil refineries leaving California, and is it time to do something about it

Another oil refinery will soon be closing in California.That's in addition to a refinery already scheduled to close before the end of this year, 2025.just a few

Valero Energy Announces Plans to Exit California, Incurs $1.1 Billion Charges to Refinery Operations – California Globe

Citing low operating margins, increased operating costs and a growingly harsh regulatory environment, including a state mandated moratorium on the sale of internal combustion engine vehicles by 2035, and in the wake of an $85 million fine related to “egregious emissions violations levied on it by the California Air Resources Board (CARB) and Bay Area Air Quality Management District, Valero Energy Corporation today, April 16, 2025, served notice …

Valero set to close Benicia refinery at the end of April 2026

Valero will be closing their refinery facility at the end of April 2026, due to high costs and strict environmental regulations in the state. This closure could impact local gas prices. Valero is the world's largest gas refinery owning 15 locations. However come the end of April, and that number will go down to 14. The shutdown of the Benicia refinery in the Bay Area could impact the wallets of locals when getting gas.Valero is the worlds larges…