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    Home»World News

    A ‘win-win situation’ that could come out of refinery shutdowns

    Team_NewsStudyBy Team_NewsStudyJuly 2, 2025 World News No Comments1 Min Read
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    To the editor: If Phillips 66 and Valero want to abandon their refineries, doesn’t the state have a proper to take them over (“California Democrats push reforms to prevent refinery shutdowns,” June 27)? And as soon as that’s completed, doesn’t it appear seemingly that somebody (perhaps even a former Phillips 66 or Valero govt) could be joyful to buy them for simply the worth of the property with out having to pay a premium for a going enterprise? And for the reason that particular blends price extra to the patron, isn’t it seemingly that there could be a large revenue with out the necessity to cheat the general public out of the estimated 80-cents-plus ghost price?

    It appears to me it is a win-win scenario. The refiners do away with their undesirable properties, the state makes cash, another firm makes cash and the general public just isn’t gouged. Downside solved.

    Joel Drum, Van Nuys



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