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Phillips 66 to close California refinery days after Newsom signed oil law

By POLITICO   |   Oct 16, 2024 at 02:31 PM EST
Phillips 66 to close California refinery days after Newsom signed oil law

Phillips 66 is evaluating future property use near the Port of Los Angeles due to refinery sustainability concerns. Governor Newsom's gas price regulation aims to prevent spikes, but the oil industry warns it may drive refiners out of the state.

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