January 9, 2026–Written by Will Ploch, Assistant Editor-in-Chief for IIR News (Sugar Land, Texas)–Valero Energy Corporation isn’t giving up on California, despite the looming closure of a major refinery within the state. The company said it “anticipates importing additional gasoline volumes to the (San Francisco) Bay Area in the near term,” which could come as a relief to Californians already facing the highest gasoline prices in the nation.
Industrial Info is tracking about $1.3 billion worth of active and proposed projects from Valero across the U.S., nearly 90% of which is attributed to U.S.-based crude oil-refining projects. Outside of California, Valero operates 11 U.S. refineries with a total 1.9 million barrels per day (BBL/d) of crude capacity.
Other companies featured: Phillips 66, Kinder Morgan Incorporated, ONEOK Incorporated an HF Sinclair Corporation
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