Скачать или смотреть California Governor Panics as Phillips 66 Shuts Down Major Refinery Raymond Whitlock

California Governor Panics as Phillips 66 Shuts Down Major Refinery Raymond Whitlock

Just 48 hours after California Governor Gavin Newsom signed the state’s most aggressive oil regulation in decades, Phillips 66 delivered a stunning response—announcing the permanent shutdown of its Los Angeles refinery. The closure wipes out 139,000 barrels per day of gasoline production and eliminates nearly 900 high-paying jobs, dealing a major blow to California’s energy infrastructure.
In this video, we break down what really happened, why Phillips 66 chose closure over compliance, and how California’s new inventory mandates and regulatory expansion are reshaping the state’s energy market. We examine the ripple effects on gas prices, fuel supply, workers, national security, and why this decision may accelerate further refinery exits from the state.
This isn’t just about one refinery—it’s about the collision between regulation and reality, and what happens when essential industries decide they can no longer operate under California’s energy policies.