NEW YORK (Reuters) -California’s energy regulator on Friday issued recommendations to Governor Gavin Newsom to support timely fuel imports and explore ways to retain operations at existing refineries in the state.
Newsom had earlier this year asked the California Energy Commission to recommend changes to the state’s energy transition efforts, as it faces higher fuel costs from Phillips 66 and Valero’s decision to shutter refineries supplying about 20% of the state’s total fuel production capacity.
(Reporting by Shariq Khan in New York)
Comments