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California gas prices could spike as imported oil supply dries up, industry warns

California
New York Post Fews App News Provider
Fews App Post Time 3h ago

California may soon have to battle other states for oil resources as its imported supply runs dry, a leading lobbying group has warned. Jodie Muller, CEO of Western States Petroleum Association, said the limited amount coming into the Golden State means it will be pitted up against the rest of the US and foreign markets. It comes as the last ship to leave the Strait of Hormuz for California was unloaded in Long Beach, marking the final barrels of oil from the crucial Middle East route until the war in Iran is resolved.

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