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California oil refinery announces closure after Newsom signs more regulations - Fox Business

The oil company Phillips 66 said its Los Angeles refinery will shut down by the end of 2025 days after California Gov. Gavin Newsom signed new regulations into law.

By: Fox Business

Oct 18 2024
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The oil company Phillips 66 announced Wednesday that it is closing its Los Angeles-area refinery by the end of 2025, pointing to concerns about the future market. The announcement comes days after … [+4246 chars]

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