Wednesday, June 26, 2024

Fire Erupts At Large Chevron Refinery In California


A fireplace broke out at Chevron’s El Segundo refinery in California on Tuesday night, with no accidents reported and no instantly clear indication as to the reason for the incident.

At round 6:15 p.m. on Tuesday, El Segundo Fire Department responded to an remoted fireplace contained in the Chevron El Segundo Refinery, the town of El Segundo said. El Segundo and Manhattan Beach Fire Departments remained on scene alongside the Chevron Fire Department. After some two hours, the fireplace was extinguished, and “There was no offsite impact or public threat,” the town of El Segundo stated.   

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The El Segundo Refinery, able to processing 290,000 barrels of crude oil per day (bpd), provides 20 p.c of all motorized vehicle fuels and 40 p.c of the jet gasoline consumed in Southern California, Chevron says

The fireplace on the Chevron facility got here after a lot of California’s refineries have been partially down in October on account of deliberate upkeep work. Last month, because of the deliberate overhauls at items, California’s gasoline costs spiked. Some components of California noticed gasoline costs surge to $8 per gallon as provide declined amid nonetheless sturdy demand, San Francisco Chronicle reported.

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As of November 9, the typical gasoline value throughout California is $5.453 per gallon, in comparison with a nationwide common of $3.805/gal, in keeping with AAA data. A month in the past, on the top of the refinery outages, the typical gasoline value within the state of California was $6.335/gallon. 

California’s Governor Gavin Newsom said final month he would name a particular legislative session in December to debate excessive gasoline costs and a proposal to slap a windfall tax on oil corporations’ earnings.

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“We’re not going to stand by while greedy oil companies fleece Californians. Instead, I’m calling for a windfall tax to ensure excess oil profits go back to help millions of Californians who are getting ripped off,” Governor Newsom said on the finish of September. 

By Tsvetana Paraskova for Oilprice.com

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