Valero Eats $1.1 Billion Loss to Escape Newsom’s Toxic California - “When a company takes a billion dollar loss just to leave, you know something is seriously broken.”

Legal Insurrection ^ | 15 Dec, 2025 | Elizabeth Stauffer

[MtnClimber]

Can you imagine what damage Newsom would do as Present?

[volare737]

California deserves much, much higher prices for absolutely everything. They have earned it, and they deserve it.

[kiryandil]

🤡🤡 Valero just wrote off $1.1 billion. 🤡🤡

Clownifornia, under the thumb of Mousselini.

They chewed their own arm off to get away from Hairgel Hitler and his DemoNazicraps

[Regulator]

Newsom doesn’t “coddle” illegals, they’re his entire voting base.

Next up in the Reconquista under El Jefe Nuevascum: the SEIU take the gringo money proposition, where they want a 5% tax on anyone over $30M net worth.

SEIU is essentially the illegal alien union.

We come to rule you, and take your land, greengo!

[DesertRhino]

“It’s not you Gavin, it’s me”

Sincerely,
Valero

[ClearCase_guy]

His list of failures is long.
His areas of incompetence are vast.

But he has nice hair, and chicks dig him.

[kiryandil]

😂😂😂

[TheDon]

Who is John Galt?

[Disambiguator]

Can you imagine what damage Newsom would do as Present?

He is presently doing plenty of damage.

[Governor Dinwiddie]

Newsome: You broke it; You bought it.

Happy New Year 2026 California! $10/gallon and rising!

[EVO X]

LOL. That is chicken feed. Ford is reportedly going take a $19B write off to dump some of their EV businesses

[suasponte137]

I agree...CA still hasn’t reached rock bottom...but they need to before anything will change at all.

[CedarDave]

Already transferring to New Mexico where radical enviro-regulators slowly strangling #2 in the nation O&G producers despite record billion dollar surpluses that fund their socialist policies resulting in NM being #50 in education, #1 in SNAP payments and close to #1 in crime and poverty.

[DownInFlames]

$10 gas by April.

[dragnet2]

We feel very fortunate to have left our former home state when we did. We knew it was only going to get worse. Wait until those CA bloated inflated home prices seriously collapse. It’s going to happen at some point. It’s inevitable.

[digger48]

That 8.6% loss in CA oil production will hurt the state bigly

[Alvin Diogenes]

This is what Newsom wants. His plan is for California to take over the refineries — to seize the means of production.

That worked out so well for Venezuela /s.

[kiryandil]

The nonpartisan Legislative Analyst’s Office has warned that California faces “potential structural deficits of $15 billion to $35 billion annually through 2028–29,” a sign not of temporary turbulence, but of deep and persistent mismanagement.

What's great is that they'll STILL be paying the outrageous California gubbmint pensions on the outrageous California gubbmint 6 and 7 figure annual salaries ten years from now...

[DownInFlames]

This all started under Jerry Brown. Arnold was a contributor also.