California is running on fumes as foreign tankers replace lost refineries, with sky-high prices and empty pumps on the horizon if Sacramento won't budge.

West Coast fuel crisis deepens as remaining refiners threaten to follow Valero, Phillips
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West Coast fuel crisis deepens as remaining refiners threaten to follow Valero, Phillips

California’s refinery closures and import disruptions have created a transportation fuel emergency in the nation’s fourth-largest economy. Phillips 66 and Valero plant shutdowns eliminated 20% of state refining capacity, leaving six refin