Phillips 66 to shut Los Angeles refinery by October- 8% of state's refining capacity.

I'll link Previous discussion as well.
 
On the other hand the Rodeo refinery near San Francisco is becoming a major player with renewable diesel and jet fuel.

7DE1AF56-3F4E-4977-B2B7-822902141E20.webp
 
The oil/gas refinery landscape should look quite different in the coming years with newer (less) regulations, cooling of EV mandates and manufacturing, EPA, demand for/switch to renewables and bio-based products etc. While the current refining capacity is always on the edge it seems, and makes pricing so volatile at times, it pales in comparison to what would happen if they just go away. The average age of refineries is around 50-60 years old, and yes, maintenance keeps them going. But like anything else, they will eventually become victims of age. If new ones don't get built and come on line before that happens, we will definately be in crisis. ICE is not going away anytime soon (despite what decision makers say, or would like to do), and I really don't think EV will replace it completely. Somebody let me know in a hundred years what happened, I'll be on a cloud somewhere smoking a big cigar 😁.
 
Efficiency is the key. I would expect major EV breakthroughs in the next 20 years that makes fossil fuel powered vehicles obsolete- much like the incandescent light bulb.

Time will tell.
 
Efficiency is the key. I would expect major EV breakthroughs in the next 20 years that makes fossil fuel powered vehicles obsolete- much like the incandescent light bulb.

Time will tell.
Except the thing you know as an LED was invented in 1960. It just took 40 years to make it cost effective. There is no comparable tech for transportation currently.

I would look forward to a breakthrough but hopeium is not a plan.
 
I wonder if they have a plan to replace those products and the jobs the refinery supported. I't doesn't seem the tech or infrastructure is in place to live without the products that refineries produce. Limited availability means increased consumer cost in a world that's already too expensive for many of us.
 
Except the thing you know as an LED was invented in 1960. It just took 40 years to make it cost effective. There is no comparable tech for transportation currently.

I would look forward to a breakthrough but hopeium is not a plan.
Big oil knows that the EV transition has begun. Refineries closures will happen when expensive upgrades are necessary.
 
I've had to delete several posts about climate talk.

The topic of the thread is that of closing refineries.
You may discuss the immediate concerns and consequences of the closings.
Do NOT inject your own personal theory of the "why" by derailing the topic elsewhere.

I.E. .... Knock off the climate change talk or the thread gets locked.
 
Big oil knows that the EV transition has begun. Refineries closures will happen when expensive upgrades are necessary.
They're upgrading them in Texas - like this Exxon one. https://corporate.exxonmobil.com/ne...-2-billion-dollar-beaumont-refinery-expansion

And shutting them down in California.

Canada is building new ones. https://www.cer-rec.gc.ca/en/data-a...edmonton-alberta-with-greener-technology.html

As is China - https://www.reuters.com/business/en...crude-unit-late-march-sources-say-2025-03-10/
 
Last edited by a moderator:
Except the thing you know as an LED was invented in 1960. It just took 40 years to make it cost effective. There is no comparable tech for transportation currently.

I would look forward to a breakthrough but hopeium is not a plan.

It wasn't a matter of cost effectiveness per se. The breakthrough was blue LEDs, which were eventually combined with green and red to make white light. LEDs were very effective as indicator lights for single color applications.

For transportation is really storage, and there's talk about all sorts of new technologies being developed, although it remains to be seen which ones might win out.
 
I’ve gotta fly into John Wayne next week and always choose the prepaid fuel on my rental. My company is going to question this expense report. I just spent the last few weeks on the east coast and prices weren’t bad.
 
Closures like this have their root in California government regulations. The CA DA, Rob Bonta, has been suing refineries for producing a product that causes global warming. Gasoline. Who knew? And there are ongoing increases in cap and trade regulations; a $.65/gallon increase is coming later this year. This on top of CA having gasoline, currently, selling for $2/gallon more than the cheaper states. Bottom line, the CA government has created an oppressive environment for oil companies. A few miles away from the closing 66 refinery, there is a refinery, sold by Mobil a few years back, because they didn't want the liability and hassle, and said refinery is now operated by a 3rd party company. This is the refinery that supplies jet fuel to LAX, one of the busiest airports in the world. Do you think the CA regulators care?
 
Back
Top Bottom