California is set to lose two major oil refineries, bringing the total decline in refining capacity to 21% in three years.
This is hardly a surprise. Gavin Newsom and the Democrats in California have been waging a war on oil, and environmental regulations make it nearly impossible to continue doing business in the state while providing reasonable amounts of fuel at affordable prices.
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— Brian W. Jones (@SenBrianJones) May 6, 2025
California’s gas prices are already much higher than in neighboring states, with a gallon of gas creeping up to $5/gallon, as much as nearly $2 a gallon more than in cheaper states. The national average price, according to AAA, is $3.15/gallon.
But by next year, Californians may look to 2025 as a golden age of low gas prices. Due to those refinery closures, prices may rise by as much as…