2 forecasters

Which of the following California oil refineries will first announce the intent to idle, restructure, or cease operations before 2028?

Valero (Wilmington)63.5%

PBF Energy (Martinez)8.5%

PBF Energy (Torrance)8.5%

Forecast Timeline

Valero (Wilmington)

PBF Energy (Martinez)

PBF Energy (Torrance)

Others (4)

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Authors:

Opened:

May 6, 2025

Closes:

Dec 31, 2027

Scheduled resolution:

Jan 1, 2028

Spot Scoring Time:

May 10, 2025

Economy & Business

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Independent•Sep 13, 2025

California lawmakers to decide on extending key climate program and boosting grid reliability

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California’s Biggest Inland Oil Pipe On Course to Shut, Imperiling Shipments to Bay Area Refiners

Bloomberg•Sep 13, 2025

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