Phillips 66 on Wednesday introduced it plans to stop operations at its Los Angeles-based refinery close to the tip of 2025.”With the long-term sustainability of our Los Angeles Refinery unsure and suffering from marketplace dynamics, we’re operating with main land construction companies to guage the long run use of our distinctive and strategically positioned houses close to the Port of Los Angeles,” mentioned Mark Lashier, the chairman and CEO of Phillips 66.The announcement comes days after Gov. Gavin Newsom signed law that kickstarts a procedure for the California Power Fee to set new laws round backup gasoline provide and upkeep for oil refiners. Newsom’s management driven the brand new legislation in an try to save you gasoline value spikes, noting costs surge on the pump when refineries go through upkeep or an outage and are low on provide. The announcement additionally comes weeks ahead of the California Air Sources Board votes on updates to the state’s Low Carbon Gas Requirements that can have affects at the oil and gasoline business. After this tale first printed, a spokesman for Phillips 66 informed KCRA 3 the verdict was once no longer politically motivated nor was once it in line with the governor’s fresh invoice signing. “Phillips 66 isn’t exiting California, as we wish to proceed to be a relied on and planned spouse of the state,” mentioned Al Ortiz with Phillips 66. “This announcement is in line with attention of a couple of components, together with long run choices for the website online as a part of Phillips 66’s ongoing evaluate of its portfolio of property. Phillips 66 nonetheless owns and operates midstream property and the Rodeo Renewable Power Advanced, which produces renewable diesel that customers can to find at our branded retail stations around the state. We expect to find new techniques to serve California markets.” Phillips 66 indicated in its preliminary announcement that it helps the state’s efforts to amplify gasoline provide capacity. The corporate promised to paintings with California to take care of present ranges and probably build up provides to fulfill the wishes of shoppers within the state. The refinery lately employs 600 staff and 300 contractors. The refinery accounts for 8% of California’s crude oil capability, in line with state knowledge. In a commentary, a spokesperson for the Western States Petroleum Affiliation mentioned, “These days, we have been made conscious about the Phillips 66 announcement to stop operations at its Los Angeles-area refinery within the fourth quarter of 2025. We remember the fact that Phillips 66 isn’t leaving the state and stays dedicated to assembly California’s industrial and client gasoline calls for.” “We acknowledge the demanding situations confronted through corporations like Phillips 66, which can be looking to function in one of the crucial extremely regulated power environments on the planet. Those refinery closures are a right away results of insurance policies that make it increasingly more tough to take care of and amplify vital infrastructure,” mentioned Alessandra Magnasco with the California Fuels and Comfort Alliance. “Whilst we perceive the will for sustainable development, we urge policymakers to believe the quick affects on shoppers, staff, and the steadiness of California’s gasoline provide.” Whilst the long run use of the refinery isn’t but made up our minds, the collection of oil refiners in California has dwindled over the previous couple of a long time because the state has labored to chop its reliance on oil and gasoline to scale back the affects of local weather alternate. “Those websites be offering a chance to create a transformational mission that may improve the surroundings, generate financial construction, create jobs and make stronger the area’s vital infrastructure,” Lashier mentioned.The Phillips 66 refinery within the Los Angeles subject is certainly one of California’s 9 primary oil refiners. Ahead of Wednesday’s announcement, lawmakers from each events had expressed fears of the affects of any other one shutting down. A Chevron government informed KCRA 3 ultimate week that the governor and California legislature are riding the business out of state and threatened to not spend money on California if rules proceed to mount. “It is going all in line with @GavinNewsom’s plan who mentioned in 2021 he does no longer see a long run for oil in CA. This implies misplaced high-paying, union jobs & dearer fuel,” mentioned Assemblyman Joe Patterson, R-Rocklin, in a publish on X. When reached for remark, Gov. Newsom’s place of job referred KCRA 3 to the California Power Fee.The fee’s Vice Chair Siva Gunda mentioned in a commentary: “Phillips 66 has been a treasured spouse in California’s transition towards a blank power long run. The corporate has dedicated to minimizing affects on Californians whilst they proceed to fulfill gasoline calls for, take care of dependable provides, and make sure they take vital steps to meet each industrial and buyer wishes. Their plan to interchange the manufacturing misplaced from the refinery closure is an instance of the kind of inventive answers which can be wanted as we transition clear of fossil fuels. We stay devoted to taking part with business leaders to protected an inexpensive and dependable gasoline provide for all shoppers as we transfer ahead.”See extra protection of best California tales right here | Obtain our app | Subscribe to our morning e-newsletter
SACRAMENTO, Calif. — Phillips 66 on Wednesday introduced it plans to stop operations at its Los Angeles-based refinery close to the tip of 2025.”With the long-term sustainability of our Los Angeles Refinery unsure and suffering from marketplace dynamics, we’re operating with main land construction companies to guage the long run use of our distinctive and strategically positioned houses close to the Port of Los Angeles,” mentioned Mark Lashier, the chairman and CEO of Phillips 66.
The announcement comes days after Gov. Gavin Newsom signed law that kickstarts a procedure for the California Power Fee to set new laws round backup gasoline provide and upkeep for oil refiners. Newsom’s management driven the brand new legislation in an try to save you gasoline value spikes, noting costs surge on the pump when refineries go through upkeep or an outage and are low on provide. The announcement additionally comes weeks ahead of the California Air Sources Board votes on updates to the state’s Low Carbon Gas Requirements that can have affects at the oil and gasoline business. After this tale first printed, a spokesman for Phillips 66 informed KCRA 3 the verdict was once no longer politically motivated nor was once it in line with the governor’s fresh invoice signing. “Phillips 66 isn’t exiting California, as we wish to proceed to be a relied on and planned spouse of the state,” mentioned Al Ortiz with Phillips 66. “This announcement is in line with attention of a couple of components, together with long run choices for the website online as a part of Phillips 66’s ongoing evaluate of its portfolio of property. Phillips 66 nonetheless owns and operates midstream property and the Rodeo Renewable Power Advanced, which produces renewable diesel that customers can to find at our branded retail stations around the state. We expect to find new techniques to serve California markets.” Phillips 66 indicated in its preliminary announcement that it helps the state’s efforts to amplify gasoline provide capacity. The corporate promised to paintings with California to take care of present ranges and probably build up provides to fulfill the wishes of shoppers within the state.
The refinery lately employs 600 staff and 300 contractors. The refinery accounts for 8% of California’s crude oil capability, in line with state knowledge.
In a commentary, a spokesperson for the Western States Petroleum Affiliation mentioned, “These days, we have been made conscious about the Phillips 66 announcement to stop operations at its Los Angeles-area refinery within the fourth quarter of 2025. We remember the fact that Phillips 66 isn’t leaving the state and stays dedicated to assembly California’s industrial and client gasoline calls for.” “We acknowledge the demanding situations confronted through corporations like Phillips 66, which can be looking to function in one of the crucial extremely regulated power environments on the planet. Those refinery closures are a right away results of insurance policies that make it increasingly more tough to take care of and amplify vital infrastructure,” mentioned Alessandra Magnasco with the California Fuels and Comfort Alliance. “Whilst we perceive the will for sustainable development, we urge policymakers to believe the quick affects on shoppers, staff, and the steadiness of California’s gasoline provide.” Whilst the long run use of the refinery isn’t but made up our minds, the collection of oil refiners in California has dwindled over the previous couple of a long time because the state has labored to chop its reliance on oil and gasoline to scale back the affects of local weather alternate. “Those websites be offering a chance to create a transformational mission that may improve the surroundings, generate financial construction, create jobs and make stronger the area’s vital infrastructure,” Lashier mentioned.The Phillips 66 refinery within the Los Angeles subject is certainly one of California’s 9 primary oil refiners. Ahead of Wednesday’s announcement, lawmakers from each events had expressed fears of the affects of any other one shutting down. A Chevron government informed KCRA 3 ultimate week that the governor and California legislature are riding the business out of state and threatened to not spend money on California if rules proceed to mount. “It is going all in line with @GavinNewsom’s plan who mentioned in 2021 he does no longer see a long run for oil in CA. This implies misplaced high-paying, union jobs & dearer fuel,” mentioned Assemblyman Joe Patterson, R-Rocklin, in a publish on X. When reached for remark, Gov. Newsom’s place of job referred KCRA 3 to the California Power Fee.The fee’s Vice Chair Siva Gunda mentioned in a commentary: “Phillips 66 has been a treasured spouse in California’s transition towards a blank power long run. The corporate has dedicated to minimizing affects on Californians whilst they proceed to fulfill gasoline calls for, take care of dependable provides, and make sure they take vital steps to meet each industrial and buyer wishes. Their plan to interchange the manufacturing misplaced from the refinery closure is an instance of the kind of inventive answers which can be wanted as we transition clear of fossil fuels. We stay devoted to taking part with business leaders to protected an inexpensive and dependable gasoline provide for all shoppers as we transfer ahead.”See extra protection of best California tales right here | Obtain our app | Subscribe to our morning e-newsletter
