Is California government considering oil refinery takeovers? Yes, it is
www.latimes.com
As oil companies shut down refineries, California policymakers are weighing whether the state should get into the refinery business to ensure steady supplies. An industry group says it's not so simple.

“The state recognizes that they’re on a pathway to more refinery closures,” said Skip York, chief energy strategist at energy consultant Turner Mason & Co. The risk to consumers and the state’s economy, he said, is gasoline supply disappearing faster than consumer demand, resulting in fuel shortages, higher prices and severe logistical challenges.

  • tehWrapperEnglish
    1•3 days ago

    Why would the current us government not want to take over oil production?

    • @Xanthobilly
      2•3 days ago

      A better question to ask is why would California let the current Federal government take over the local oil refineries? It would be foolish after seeing the feds flush billions of gallons of water reserves over spite and ignorance.