Another refinery shuts down in California. What happens to gas prices?
Briefly

"The closure is likely to increase California's already high prices at the gas pump, given that much of the replacement gasoline will be shipped in by ocean vessel."
"The price issue will be most worrisome if we have some kind of disruption in the market and the Phillips refinery's not there to help with resupply," said Severin Borenstein, UC Berkeley faculty director.
State Sen. Steve Bradford sees the planned closure as a death of 1,000 cuts from California energy policy, leading to Phillips not seeing a real future."
Read at Los Angeles Times
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