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Keyword: californianutters

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  • ‘Cannot do business in the state of California’: Gas prices could hit $8/gallon as two refineries shut down

    06/23/2025 8:08:44 PM PDT · by kiryandil · 54 replies
    MoneyWise onYahoo ^ | June 23, 2025 | Emma Caplan-Fisher
    Two large California oil refineries are shutting down, triggering mounting concerns from state legislators, industry groups and many others. **snip** The Phillips 66 and Valero’s Benicia sites are set to close in 2026. Together, the shutdowns will eliminate nearly 300,000 barrels-per‑day of refining capacity — roughly 20% of the total used in the state. Valero attributed its decision to “years of regulatory pressure (and) significant fines for air quality violations,” including an $82 million penalty levied in 2024. Phillips 66 similarly cited business challenges stemming from California’s strict environmental regulations. "They have said that they cannot do business in the...
  • PG&E customers face $532M bill for dam removal some don't want

    05/29/2025 7:52:58 AM PDT · by cuz1961 · 23 replies
    SF Gate ^ | 5/29/2025 | Matt LaFever,
    ...Pacific Gas and Electric Company has finally revealed the staggering price tag for dismantling the century-old hydroelectric facility: $532 million. That’s the estimated cost PG&E submitted to state regulators on May 15, a half-billion-dollar teardown that will be funded by PG&E customers, many of whom also risk losing the year-round water supply the system delivers to 600,000 people across Northern California. ...Tony Gigliotti, PG&E’s senior licensing project manager, told SFGATE the half-billion-dollar figure is still a “very high-level estimate,” but it’s meant to reflect the full scope of the task ahead. “We did the best we could with the information...
  • California Is Finally Awash in Water, but Its Farmers Can’t Get It. A push to save endangered fish has cut supplies to America’s produce epicenter, stirring resentment

    06/15/2024 10:50:24 AM PDT · by karpov · 49 replies
    Wall Street Journal ^ | June 15, 2024 | Jim Carlton
    California is awash in water after record-breaking rains vanquished years of crippling drought. That sounds like great news for farmers. But Ron McIlroy, whose shop here sells equipment for plowing fields, knows otherwise. “I’ll be lucky if I survive this year,” he said. Illustrating how broken California’s vast water-delivery system is, many farmers in Central Valley, America’s fruit and vegetable basket, will get just 40% of the federal water they are supposed to this year. Why? Endangered fish. The pumps that transport water from wet Northern California to the semiarid south have been drastically slowed to protect threatened migrating smelt,...