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California had 11 gasoline refineries but that number was cut to nine recently when the Marathon refinery in Martinez and Phillips 66's other California refinery in Rodeo, both in Northern ...
The governor’s plan directs the California Energy Commission to require petroleum refiners to maintain a minimum gasoline inventory in hopes of keeping supplies — and gas prices — stable ...
Created in 2009 under Gov. Arnold Schwarzenegger, it aims to push California’s fuel supply away from gasoline toward biodiesel, hydrogen, electricity and other alternative fuels.
The Phillips 66 refinery complex in Wilmington and Carson now produces 1.3 billion gallons of gasoline annually, which will leave a huge gap to be filled after its planned closure late next year.
The cheapest way to lower gas prices is to allow oil companies to increase crude oil production in California and rely less on supply from overseas, Reheis-Boyd said.
Reformulated Blendstock for Oxygenate Blending (RBOB) is a gasoline futures contract traded on the New York Mercantile Exchange (NYMEX). It is the benchmark futures contract for wholesale gasoline in the United States. [1]
California is ringing in 2024 with a gallon of regular gas priced almost 30 cents higher than it was this time last year. From California’s statewide average of $5.89 per gallon in September ...
They also said the state could be doing more to lower gas prices for Californians. The average price in the state per gallon is about $1.47 more than the country as a whole, according to AAA.