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California gas prices expected to soar as Valero shutdown worsens oil crisis (NV and AZ also will be affected)
NY Post ^ | 2/4/2026 | Anna Young

Posted on 02/09/2026 2:27:38 PM PST by Signalman

California’s already sky-high gas prices are expected to surge after Valero abruptly shuttered its Benicia refinery amid a spiraling “oil crisis,” a new report claims.

The Benicia refinery began shutting down on Saturday, four months earlier than planned, a former Valero manager told the California Globe Tuesday.

US gas prices: national average of $2.883 with California's average at $4.368, and a legend for retail prices ranging from $2.370 to $4.404.

The closure will cause the state’s already sky-high gas prices to soar, a new report said.

Thermal imaging showed the facility went cold as the Crimson Pipeline – which transports crude oil from Southern to Northern California – was also taken offline.

“We are in an unprecedented oil crisis,” oil expert Mike Ariza told the publication.

Valero Energy Corp. announced its plans last spring to pull the plug on its 145,000-barrel-per-day refinery by April, a move that is expected to send fuel prices skyrocketing and hobble the state’s refining capacity.

Refineries are fleeing the Golden State as regulations drive operating costs 26 to 37% higher than the national average. Chevron moved its operations from the Bay Area to Texas, while Phillips 66 powered down its 140,000-barrel-per-day Los Angeles refinery in October.

Ariza warned that as refineries go dark, more Californians will also skip town, noting that the oil and gas industry supports 536,770 jobs and pumps $338 billion into the state’s economy, the outlet reported.

He said Valero’s accelerated shutdown comes after the company scrapped its crude oil contracts back in October.

“Now, Valero is not even seeking to try and sell the refinery,” Ariza told the outlet in December.

“Even after the state tried to convince Valero to remain open, they elected to shut down. And instead of shutting down in April, they shutdown in January.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy
KEYWORDS: gasprices; gettingitgoodandhard; sparklebeachken; valero
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1 posted on 02/09/2026 2:27:38 PM PST by Signalman
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To: Signalman

Let California voters enjoy what they voted for, good & hard.


2 posted on 02/09/2026 2:30:24 PM PST by bobcat62
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To: Signalman

Enjoy the suck! All that will be left are rich ahole Hollyweirdos.


3 posted on 02/09/2026 2:34:16 PM PST by albie
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To: Signalman
California gets two types of gas price surges,,,,,,

EARNED AND DESERVED.

4 posted on 02/09/2026 2:37:01 PM PST by volare737 ( Diversity is something to be overcome, not celebrated. )
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To: Signalman

That Governor has ruined that state, he’s a risk to our national security.


5 posted on 02/09/2026 2:38:36 PM PST by exPBRrat
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To: bobcat62

Let California voters enjoy what they voted for, good & hard.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
It couldn’t happen to a more despicable crowd of leftist morons anywhere on the planet. But I feel sorry for those who are undeserving of the suffering they will experience because of that State’s lunatic governor and other assorted simpletons!


6 posted on 02/09/2026 2:42:27 PM PST by fortes fortuna juvat (Marxist Democrats are a dangerous national pathology. Deus Vult!)
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To: Signalman

Democrats are their hero’s ... but then.


7 posted on 02/09/2026 2:51:43 PM PST by SkyDancer ( ~ Am Yisrael Chai ~)
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To: bobcat62

It couldn’t happen to a more deserving group of jagoffs, but it won’t change their voting behavior.


8 posted on 02/09/2026 2:52:39 PM PST by Vigilanteman (The politicized state destroys many aspects of civil society, human kindness and private charity.)
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To: bobcat62

The dead voters won’t feel the price increase.


9 posted on 02/09/2026 2:59:57 PM PST by Scrambler Bob (Running Rampant, and not endorsing nonsense; My pronoun is EXIT. And I am generally full of /S)
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To: volare737
EARNED AND DESERVED

DEI gas prices? Need the 'I' word...
10 posted on 02/09/2026 3:08:35 PM PST by know.your.why
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To: Signalman

No Worries!

Kalifornia is going full electric. To create the electricity for this Brave New World, they will mandate that the Sun shine longer each day. When the Sun eventually does go down, they will mandate that the wind blows all through the night. Shazam! Problem solved.


11 posted on 02/09/2026 3:09:38 PM PST by Ronaldus Magnus III (Do, or do not, there is no try. )
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To: Signalman

Welcome to supply and demand when government fs up everything.


12 posted on 02/09/2026 3:29:51 PM PST by DownInFlames (P)
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To: Signalman

Speaking of California,

“Court blocks California’s no-masking law aimed at ICE”

https://www.washingtontimes.com/news/2026/feb/9/court-blocks-californias-no-masking-law-aimed-ice-judge-allows/

“A federal judge on Monday issued an order blocking California from enforcing its new law barring ICE and other federal law enforcement officers from wearing masks, ruling that the state illegally targeted the feds.

But Judge Christina Snyder did allow the state to enforce its new law requiring officers to wear visible identifying information.

The Clinton appointee said she doubted the need for federal officers to actually wear masks, saying they have gone for decades without doing so.”


13 posted on 02/09/2026 3:36:32 PM PST by CFW
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To: Signalman

location location location


14 posted on 02/09/2026 3:37:30 PM PST by WeaslesRippedMyFlesh
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To: CFW

“””The Clinton appointee said she doubted the need for federal officers to actually wear masks, saying they have gone for decades without doing so.”””

They also went decades without death threats.


15 posted on 02/09/2026 3:40:15 PM PST by shelterguy
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To: Signalman

Government incompetence of steroids , make gas so expensive everyone will more the disaster EVs ,LOL


16 posted on 02/09/2026 3:41:58 PM PST by butlerweave (Fateh)
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To: CFW

I guess the judge forgot about Covid when for 2 yrs we were mandated to wear masks, with no exceptions, so we didn’t kill (anyone’s) grandma. ICE can claim agents don’t want to be exposed to the myriad germs present on the vermin who keep attacking them because they don’t want anymore grandmas to die.


17 posted on 02/09/2026 3:44:24 PM PST by Prince of Space (I cannot hate the media enough!)
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To: bobcat62

We didn’t vote for this. The votes have been stolen for 10’s of years. Between illegals and fraud we are screwed. The state is over 40% conservative.


18 posted on 02/09/2026 3:54:18 PM PST by US_MilitaryRules (#PureBlood )
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To: Signalman

Gonna be a great socialist third world paradise, yes parts of it already are...


19 posted on 02/09/2026 3:59:07 PM PST by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: Signalman

Easy enough problem for the communists in Sacramento to solve. Just require the stations to sell gasoline for the prices they charged as of January 1, 2026. Squeeze those Kulaks. It’s the communist way.


20 posted on 02/09/2026 4:06:26 PM PST by PAR35
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