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Chevron Extinguishes El Segundo Refinery Fire as Price Risks Loom for Southern California

Experts warn a prolonged outage could lift Southern California pump prices.

Overview

  • Chevron says the blaze is fully out, crews are stabilizing the refinery, intermittent flaring may occur, and the cause remains under investigation.
  • The El Segundo facility represents more than 16% of California’s refining capacity and produces about one‑fifth of Southern California’s motor fuel and roughly 40% of its jet fuel.
  • AAA reports only modest retail increases as of Oct. 6, with county averages ranging roughly from $4.61 to $4.72 per gallon across the region.
  • Analysts estimate prices could rise 5–15 cents in the near term and by about 13 cents for each week the refinery remains offline or constrained.
  • California’s limited refinery network and lack of interstate fuel pipelines make single‑plant outages more likely to pressure supplies and prices.