Proposed changes to California’s Cap-and-Invest Program have prompted complaints from oil refiners in the state, rattled more than a few Democrats in the Legislature, and spurred environmental groups ...

The MarketWatch News Department was not involved in the creation of this content. LOS ANGELES, March 23, 2026 /PRNewswire/ -- New data shows that California oil refiners have been making more than a ...

Major oil refiners are warning that California could lose its remaining fuel-processing plants if Governor Gavin Newsom approves new environmental regulations that would slash emissions allowances by ...

LOS ANGELES - The escalating conflict in Iran along with another California refinery set to close, are raising concerns that the state's high gas prices could climb even higher. Right now the average ...

LOS ANGELES, May 7, 2026 /PRNewswire/ -- New data released by the California Energy Commission (CEC) shows California refining margins skyrocketing to $1 per gallon in March from 49 cents per gallon ...

California is the fourth largest economy in the world and an “energy island” that is isolated from the other 49 states by the Sierra Mountains. There are no pipelines over those majestic mountains to ...

HOUSTON, March 13 (Reuters) - Fuel costs in California are soaring even more than in ⁠the ⁠rest of the U.S. due to several unique factors, with ⁠fallout from the war in Iran forecast to push pump ...

LOS ANGELES, March 23, 2026 /PRNewswire/ -- New data shows that California oil refiners have been making more than a dollar per gallon more than they made in January from every gallon of gasoline. By ...

Phillips 66's Los Angeles refinery announced its closure last year. Valero's Oil refinery in Benicia is set to close in April. Chevron executives say California cannot afford to lose more refineries.