Nathan Risser
Oil Products Reporter at Bloomberg News
Reporting on downstream oil for @ArgusMedia, 80% recovered from working in finance | Freelance words in @NYMag, @spectator, @couriermedia, @The_Fence_Mag
Articles
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1 day ago |
news.bloombergtax.com | Nathan Risser |Jennifer A. Dlouhy
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1 day ago |
bloomberg.com | Nathan Risser |Jennifer A. Dlouhy
The Valero refinery in Benicia, California. (Bloomberg) -- Governor Gavin Newsom is urging California’s energy commission to work with the oil industry on maintaining fuel supply and refining in the state, less than a week after Valero Energy Corp. said it is planning to close its San Francisco Bay area refinery.
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1 day ago |
financialpost.com | Barbara Powell |Nathan Risser
While imports of Asian gasoline and fuel from other parts of the West Coast may plug some of the expected supply gap, the California market already is so delicately balanced that isolated incidents can have an outsized impact. To wit: a February fire at a PBF Energy Inc. plant near San Francisco is seen limiting fuel output until at least the fourth quarter. Get the latest headlines, breaking news and columns. • There was an error, please provide a valid email address. A welcome email is on its way.
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1 day ago |
bloomberg.com | Barbara Powell |Nathan Risser
A refinery in Wilmington, California. (Bloomberg) -- California will see almost one-fifth of its crude-processing capacity vanish in the next 12 months as two key refineries quit the business of turning oil into fuels. Valero Energy Corp. and Phillips 66 plan to idle a combined 284,000 barrels of daily refining capacity by this time next year, moves that will squeeze the perennially tight motor-fuels market in the most-populous US state.
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1 week ago |
news.bloomberglaw.com | Joe Ryan |Nathan Risser
Valero Energy Corp. is considering closing its San Francisco Bay Area oil refinery within a year, as strict environmental rules and heightened regulatory oversight in California have driven a string of plant closures along with conversions from crude to renewable fuels. Valero, one of the largest US fuel makers, told the California Energy Commission that it will idle, restructure or cease operations at the refinery in Benicia by the end of April 2026, according to a statement Wednesday.
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