Fire at Chevron refinery could push California gas prices higher

A massive fire at Chevron’s El Segundo refinery, one of the largest on the West Coast, could cause California gas prices to climb within days. The refinery supplies 20% of the state’s vehicle fuel and 40% of Southern California’s jet fuel. No injuries were reported, but the cause of the fire is still under investigation. The incident comes as Gov. Gavin Newsom signed AB-30, allowing ethanol gas blends to be sold in California, while critics argue the state has failed to enforce refinery reserve rules designed to prevent price spikes.