Texas Girl USA
on 14 hours ago
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THIS SHOULD TERRIFY EVERY CALIFORNIAN
👉Valero is taking a $1 BILLION loss just to get out of California.
The company is walking away from $1.1 billion rather than comply with Gavin Newsom’s mandates, shutting down its Benicia refinery by April 2026.
When a business chooses to lose a billion dollars instead of staying, something is fundamentally broken.
Here’s what this really means:
• Valero’s refinery processes 145,000 barrels per day
• That’s 8.6% of California’s gasoline supply — gone
• 400 workers laid off
• 200 contractors out of work
• The city of Benicia loses 17% of its entire budget
And drivers?
They’re about to get crushed.
UC Davis economists estimate:
⛽ +40¢ per gallon when Phillips 66 closes its LA refinery this December
⛽ +81¢ more when Valero shuts down in April
➡️ $1.21 per gallon increase by August 2026
That means your 15-gallon fill-up jumps from ~$70 to at least $95.
Stanford Energy Institute warns it could get even worse — potential spikes to $8 per gallon during supply disruptions.
UC Berkeley energy expert Severin Borenstein says these closures could trigger severe gasoline shortages with unprecedented price increases.
California didn’t “transition.”
It chased its energy backbone out of the state — at gunpoint by regulation.
And working families will pay the bill.
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Gregory Corcoran
This is what you get when Satan is your Governor... NO WHITE HOUSE FOR YOU SATAN
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13 hours ago
Texas Girl USA
Texas Girl USA replied - 1 reply