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re: Bloomberg Sources: California Considers Paying Valero to Continue Operating Refinery

Posted on 9/9/25 at 11:07 pm to
Posted by SalE
At the beach
Member since Jan 2020
2883 posts
Posted on 9/9/25 at 11:07 pm to
Their plant in Houston one of the few to refine heavy crude re Venezuela
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
11517 posts
Posted on 9/9/25 at 11:18 pm to
quote:

So the politicians, including the Governor, pass a bunch of laws to hamstring refineries. They run to the media demonizing the oil & gas industry accusing them of price gouging California, despite all the taxes attached to gasoline sales in CA. Now after refineries start closing and companies leaving California, the politicians are talking about forking over tens to hundreds of millions of dollars to refiners stop the bleeding.

Almost like it was planned.
Posted by ole man
Baton Rouge
Member since Nov 2007
16500 posts
Posted on 9/10/25 at 4:20 am to
And what does uninsured motorist have to do with paying a refinery to stay open because democrats are dumb asses
Posted by jizzle6609
Houston
Member since Jul 2009
17193 posts
Posted on 9/10/25 at 4:20 am to
quote:

Aren't they already in debt billions of dollars? Taxes in Cali are going to have to go up again. How can people not see that their taxes primarily pay for their state government's bad decision making?


When you’re on the tit your don’t worry about such things.
Posted by jizzle6609
Houston
Member since Jul 2009
17193 posts
Posted on 9/10/25 at 4:23 am to
quote:

And what does uninsured motorist have to do with paying a refinery to stay open because democrats are dumb asses


Well if the prices keep going up you are going to have more uninsured motorist to start.

It’s a legit expense month to month, you can’t avoid it. You can however skip out on insurance illegally.

The long term cost would outweigh the short term fix.

Ambulance chasers will have more fun in the future with all the cameras and such.
This post was edited on 9/10/25 at 4:24 am
Posted by Strannix
C.S.A.
Member since Dec 2012
52709 posts
Posted on 9/10/25 at 4:58 am to
This is the Democrat front runner for president
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
11300 posts
Posted on 9/10/25 at 5:46 am to
California news flash:

I can save you some money on this deal.

Drop all the weird California laws regarding refineries to where they would be on an equal footing like Louisiana or Texas, including California clean air standards.
Posted by MikeD
Baton Rouge
Member since Jan 2004
8082 posts
Posted on 9/10/25 at 6:09 am to
lol at California lawmakers. Tough shite.

On another note, just reading up on the Jones Act, what a dumb law
Posted by N2cars
Close by
Member since Feb 2008
37867 posts
Posted on 9/10/25 at 6:23 am to
He'll get 48% of the vote, just like Kamala.

Lots of stupid people in this country...
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
11300 posts
Posted on 9/10/25 at 6:29 am to
quote:

He'll get 48% of the vote, just like Kamala.


The democrats could put a brain dead bucket and still get 48% of the vote.

See 2020 when the brain dead bucket actually won with a little help of ballot stuffing in swing states where Mickey Mouse and other Disney characters are registered to vote with little checks and balances.
Posted by PurpleSingularity
Member since Dec 2017
2462 posts
Posted on 9/10/25 at 6:32 am to
quote:

A contractor showed up to a valero plant in an ev a few years ago. He was asked to leave the site and they stopped doing business with that company.


Valero was pretty steadfast during the COVID era about not doing business with companies that were pushing alternative energy….like it then and I like it now
Posted by Barbellthor
Columbia
Member since Aug 2015
10563 posts
Posted on 9/10/25 at 6:52 am to
Ok so if louisiana takes less in taxes from an oil company to incentivize the company to produce here, or the federal government gets a 10% revenue share from NVIDIA for producing in the states, it's bad. However, if California actively pays the company it's ok? Like, state propping up the company? State funding the company? Probably directing manufacturing quotas and decision making? Actual fascism?
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
72555 posts
Posted on 9/10/25 at 7:19 am to
quote:

Seems idiotic policy that was avoidable simply by not being typical economic illiterate CA politicians.
The vast majority of California politicians (and voters) have no idea how the economy is supposed to work in a Capitalism model.

This is their general concept of what an economic should look like:

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