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California wants to own its own refinery! What would Ellis Wyatt think?

Posted by $ jbrenner 2 months ago to Government
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California policymakers are considering state ownership of one or more oil refineries to ensure a reliable supply of gasoline as the number of refineries in the state declines.

An oil industry trade group questions whether the state would have the expertise to effectively run a refinery, citing a lack of “understanding of the industry and how it works.”

Russia. China. Venezuela. Iran. More than a dozen countries make gasoline at state-owned refineries.

Could California be next on the list?
SOURCE URL: https://www.latimes.com/environment/story/2025-02-16/is-california-government-considering-oil-refinery-takeovers-yes-it-is


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