Warning: Newsom’s War on Oil Refineries Could Push Gas past $6 Per Gallon — Or $9 — in California
California Governor Gavin Newsom’s hostility to the oil industry could lead to the closure of local refineries — which, in turn, could push gas prices past $6 per gallon, or even $9 per gallon, a local analyst has warned. Local ABC affiliate KABC-7 reported: The Phillips 66 Refinery in Los Angeles could close by the end of this year, which would send prices skyrocketing above $6, according to USC Professor Michael Mische. Mische added that if the Valero Refinery in the Bay Area closes by the end of next year, that could send gas prices soaring close to $9 a...