California’s ‘impossible’ dream of ending fossil fuels isn’t working, and now it’s looking at price spikes and shortages

fortune.com/2025/10/09/california-gasoline-dire-phillips-66-refinery-closure-chevron-fire

California is well known for its high fuel prices and strict environmental regulations, but a string of upcoming oil refinery shutdowns—exacerbated by a massive fire at a huge Chevron plant—threatens to spike the state’s sky-high prices further and force the state to import much more oil…

This story appeared on fortune.com, 2025-10-09 13:59:47.
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