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California Drivers Are Paying Up as Refineries Disappear

Bloomberg.com · last updated

Welcome to our guide to the commodities markets powering the global economy. Today, reporter Nathan Risser explains why California drivers are likely to keep paying more at the pump than other Americans. For analysis on US President Donald Trump’s trip to the Middle East, read this.

Californians are accustomed to paying the highest gasoline prices in the US. That trend likely will continue because of the state’s reliance on a dwindling fleet of oil refineries.

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