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US gas prices spike; refinery problems cited

Gas Prices

A surprise surge in gasoline prices is taking some of the fun out of summer. The national average for a gallon of gas at the pump has climbed to $3.67, a rise of 34 cents since July 1. An increase in crude oil prices and problems with refineries and pipelines in the West Coast and Midwest, including a fire in California, are mostly to blame.

Senh: What? One oil refinery fire in Richmond, California, and gas prices go up. Damn.

 

Big Bay Area refinery blaze extinguished; plant idled

Chevron Oil Refinery

A massive fire that shut down Chevron Corp's large Richmond, California, refinery on Monday, was extinguished by the early hours of Tuesday, Chevron said, leaving residents and oil traders seeking answers to the hours-long blaze.

Senh: Oil traders were seeking answers to refinery fire in Richmond, CA? Dang, that guys are hardcore traders.

 

Fire blazes at California refinery; residents ordered indoors

A fire struck the core of Chevron Corp's large Richmond, California, refinery on Monday evening, sending flames and a column of smoke into the air and prompting authorities to order nearby residents indoors.

 

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