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Arubis 2 hours ago

Taxes.

nomel a few seconds ago | parent [-]

Not only taxes, but a specific California blend CARBOB, with 17% of the refineries that made it shutting down [1], causing a big reversal in policy perspectives [2], and the need to import 20% from participating refineries in Asia [3].

[1] https://www.eia.gov/todayinenergy/detail.php?id=65704

[2] https://calmatters.org/politics/2025/08/oil-compromise-calif...

[3] https://www.yahoo.com/news/politics/articles/california-high...