With Planned Refinery Closures, California May Have to Import Fuels

April 28, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--After ending 2023 as a state ranking third in terms of refining capacity, California now faces the prospect of becoming a net importer of refined products after Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) said it plans to close its Benicia refinery by the end of April 2026.