On the evening of October 2, a massive fire broke out at Chevron’s El Segundo refinery just southwest of Los Angeles. The blaze was visible across the South Bay and drew a large emergency response, but it was ultimately contained without injuries. While the fire was limited to a single process unit, the facility’s importance to California’s fuel supply means the incident could ripple through regional gasoline markets almost immediately, exacerbating an already challenging situation. Built in 1911,…
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