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Amoxtli to Economy@lemmy.worldEnglish · 6 days ago

Gasoline-Starved California Is Turning to Fuel From the Bahamas

finance.yahoo.com

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Gasoline-Starved California Is Turning to Fuel From the Bahamas

finance.yahoo.com

Amoxtli to Economy@lemmy.worldEnglish · 6 days ago
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California imported more gasoline in November than ever before, with more than 40% coming from the Bahamas. The lengthy journey adds another layer of cost to California’s already expensive gasoline market. California has among the strictest environmental regulations in the US, making it costly for energy companies to operate in, though a wave of upcoming refinery closures is prompting officials and regulators to soften their stance.
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