Why California Gas Prices Could Go Much , Much Higher . Valero is taking a $1 billion dollar loss just to get out of California by April 2026

Valero is taking a $1 billion dollar loss just to get out of California by April 2026

The company will not comply with Gavin Newsom mandates and instead is willing to lose a billion dollars to leave

“When a company takes a billion dollar loss just to leave, you know something… pic.twitter.com/9xpPBWd4fu

— Wall Street Apes (@WallStreetApes) December 14, 2025