The refinery supplies critical volumes of gasoline, diesel and jet fuel to the Midwest region. Energy analysts caution that until Whiting ramps back to full strength, fuel prices in the region are likely to feel the strain. Patrick De Haan, head of petroleum analysis at GasBuddy, told Reuters that retail gas prices in the Great Lakes states may rise between 10 and 20 cents per gallon, with Chicago drivers potentially seeing spikes of 15 to 30 cents in the short term. Despite these challenges, BP emphasized ...

Group 1 - Phillips 66 (PSX) is considering producing CARB gasoline at its Ferndale refinery to improve air quality and increase gasoline supplies in California [1][2] - The Ferndale refinery has a capacity of 105,000 barrels per day (bpd) and will begin producing CARB gasoline for delivery to northern and southern California following the closure of the Los Angeles refinery, which has a capacity of 139,000 bpd [2][3] - The company is collaborating with California Governor Gavin Newsom and regulatory authorities to maintain fuel supply in the state after the Los Angeles refinery shutdown [3] Group 2 - Valero Energy plans to shut down or restructure its Benicia refinery in California by April 2026, which may lead to reduced refining capacity and higher gas prices in the state [4] - The refinery closures are primarily due to regulatory policies aimed at achieving cleaner energy targets and reducing emissions [4]