California gas prices could surge with more oil refineries closing

Name: California gas prices could surge with more oil refineries closing
Uploaded: 2025-05-28T23:06:00-0700
Duration: 3 min 58 s
Description: Philips 66 announced in October that it was closing its refineries in Wilmington and Carson, the state’s seventh-largest refining operation. Valero also announced it’s closing a refinery in Northern California. Together, they produce almost 20% of the state's supply. Tom Wait reports.

Philips 66 announced in October that it was closing its refineries in Wilmington and Carson, the state’s seventh-largest refining operation. Valero also announced it’s closing a refinery in Northern California. Together, they produce almost 20% of the state's supply. Tom Wait reports.