03 Oct 2025 | 3 Mins Read
Large fire erupts at Chevron refinery in California
Flipitmoney
A fire broke out at Chevron’s El Segundo refinery in Los Angeles, disrupting operations. The incident, combined with planned closures like Phillips 66’s refinery, could reduce California’s gasoline refining capacity by up to 20%. Authorities and companies are sourcing fuel from other refineries, but higher prices and volatility are expected.