Valero is taking a $1 billion dollar loss just to get out of California by April 2026. The company will not comply with Gavin Newsom mandates and instead is willing to lose a billion dollars to leave. “When a company takes a billion dollar loss just to leave, you know something is seriously broken.” “Valero just wrote off $1.1 billion. That is the cost they are taking to walk away from California rather than keep operating their Benicia refinery past April 2026. — This facility processes 145,000 barrels of oil per day, representing 8.6% of California's entire gasoline production. 400...