Refinery closures are putting California on the verge of an unprecedented supply shortfall

Projection for 2026 assumes gasoline sales decline linearly at 2023-2024 year-over-year rate. Total refining capacity is estimated according to CEC rule of thumb that refineries devote 50% of their nameplate capacity to gasoline production.
Source: BTI analysis of data from CEC, CDTFA Get the data Created with Datawrapper