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California officials are in crisis mode after Valero announced the shutdown of its Benicia oil refinery by 2026—one of the state’s key fuel suppliers. The twist? Lawmakers are now urgently trying to find a new buyer to prevent a supply collapse… just years after regulatory pressure helped drive Valero out.
By Sean Reynolds4.4
8787 ratings
California officials are in crisis mode after Valero announced the shutdown of its Benicia oil refinery by 2026—one of the state’s key fuel suppliers. The twist? Lawmakers are now urgently trying to find a new buyer to prevent a supply collapse… just years after regulatory pressure helped drive Valero out.

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