California’s Gas Prices Are 50 Percent Higher Than National Average—What's Next? | Michael Mische

California’s Phillips 66 refinery will close this October, and Valero’s Northern California facility is expected to follow in 2026, reducing in-state refining capacity by 20 percent. USC professor Michael Mische examines how shifts in where California gets its fuel could affect local prices.

Views expressed in this video are the opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.