“The state recognizes that they’re on a pathway to more refinery closures,” said Skip York, chief energy strategist at energy consultant Turner Mason & Co. The risk to consumers and the state’s economy, he said, is gasoline supply disappearing faster than consumer demand, resulting in fuel shortages, higher prices and severe logistical challenges.
It may need to happen as we transition to ev’s. Corporations stop doing their job when they become unprofitable in a space. That is exactly what we want them to become.
Instead of wasting taxpayer funds trying to delay the inevitable, the state should do what it should have done a hundred years ago and invest in expanding public transport options.
The high speed rail project is awesome and should continue, but that doesn’t help people who just need to get around town, or to the next town over.
Why would the current us government not want to take over oil production?
A better question to ask is why would California let the current Federal government take over the local oil refineries? It would be foolish after seeing the feds flush billions of gallons of water reserves over spite and ignorance.
