Pipelines that once carried most of California’s oil are now running close to empty. As production falls, refineries face the risk of shutdown, which could raise fuel costs and drive up the price of everyday goods.

Assemblymember Stan Ellis, University of Southern California Professor Michael Mische, Skip York of Turner Mason & Company, and University of California–Berkeley Professor James Rector explain how the state reached this point and what may lie ahead.

Views expressed in this video are the opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.