Re:California leaders report four to six weeks worth of gaso...
by jeffbee on Thursday May 07, 2026 @01:58PM
(#48052588)
... because demand is down. California hit peak gas sales 20 years ago and reaching zero motor fuel sales is foreseeable.
Re:California leaders report four to six weeks worth of gaso...
by AnimalMuppet on Thursday May 07, 2026 @02:34PM
(#48053045)
Reaching zero motor fuel sales is foreseeable? By when do you foresee it?
How much below the peak is current sales?
Re:California leaders report four to six weeks worth of gaso...
by jeffbee on Thursday May 07, 2026 @04:33PM
(#48054567)
15% in absolute terms, 22% in per capita terms. And it is state policy to allow no more additional ICE cars in less than ten years, no net emissions in less than 20 years. Investing in a refinery today would obviously be folly.
Per the article, the type of fuel needed by California standards is produced at refineries in India, South Korea and Washington.
https://www.eia.gov/todayinenergy/detail.php?id=65704