California Refineries Prioritize Jet Fuel Over Gasoline Amid Supply Constraints
California's refineries are producing more jet fuel and diesel while reducing gasoline output due to declining refining capacity and supply chain disruptions. This shift has led to soaring gasoline prices and increased reliance on imports, exacerbating the fuel crisis. The structural decline in refining capacity, with major refinery closures in 2025 and 2026, has worsened the situation.
Topics: fuel prices gasoline shortage jet fuel production refinery capacity Strait of Hormuz