Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (1547819)	7/13/2025 5:56:34 PM
From: miraje	2 Recommendations Recommended By FJB longz Read Replies (1) \| Respond to of 1571102

Why gas is $2 more per gallon in California. ...part of this gas-price mess is the shrinking number of refineries in California. Phillips 66 and Valero have both announced they’re shutting major facilities—together accounting for nearly 300,000 barrels per day of capacity... ... Chevron, which still operates two of the state’s largest refineries, called the bill “window dressing.” They argue it does nothing to roll back the deeper regulatory burdens, including drilling restrictions and profit caps. What This Means for Californians What’s coming is far more than a summer spike. This is structural. Between CARB's climate crusade, automatic tax hikes, and a hostile permitting environment, California drivers are paying nearly $2 more per gallon in taxes and compliance costs than other Americans. And it’s only going to get worse... ________________________________________________________________________ I wish that Chevron (I'm a CVX shareholder) would announce closing up its refineries and moving out of CA. That would mean severe shortages and $10+ per gallon gas prices. It would also teach CA voters a much needed lesson in electing left wing green loonies to run their state...