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California Governor CALLS OUT Experts After False $8 Gas Price Claims

In May 2025, experts predicted California gas prices would hit $8.43 per gallon by the end of 2026. Philip 66 shut down its LA refinery. Valero announced Benicia's closure. That's 17% of California's refining capacity gone. But today, gas is $4.21—CHEAPER than last year.

What happened to the gas apocalypse?

In this deep dive, I break down: ✅ Why expert predictions missed the mark ✅ The hidden role of imports and EV adoption
✅ What happens when Valero closes in April ✅ Whether California will survive summer 2026

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⏱️ TIMESTAMPS: 00:00 - Intro: The $8 Prediction 02:15 - What Experts Predicted 04:30 - The Reality Check 06:45 - Crude Oil Factor 09:00 - Seasonal Dynamics 11:15 - The Import Solution 13:30 - Electric Vehicle Revolution 15:45 - The Valero Warning 18:00 - Valero's Strategy Shift 20:15 - Regulatory Reality 22:30 - Market Wildcards 24:45 - Borrowed Time Hypothesis 27:00 - Long-Term Collapse 29:15 - Conclusion & Your Prediction

📊 SOURCES:

USC Price School Study (May 2025)
UC Davis Energy Economics Research
California Energy Commission Reports
GasBuddy Price Data
Valero Corporate Announcements
💬 What's YOUR prediction? Will California gas hit $8 this summer or stay stable? Comment below!

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