Overview

• Chevron says the blaze that erupted late last week in a jet-fuel unit is fully extinguished as crews stabilize the site, with intermittent flaring possible during recovery.
• The refinery continues producing transportation fuels at reduced rates and is working to restart units that were shut after the incident, according to the company.
• California Energy Commission data show the El Segundo plant accounts for more than 16% of the state’s refining capacity and supplies a large share of Southern California’s motor and jet fuel.
• AAA reported only minor increases as of Monday, while GasBuddy data show small upticks by Tuesday; experts estimate near‑term rises of roughly 5–15 cents or about 13 cents per week if key units stay offline.
• Chevron notes West Coast fuel inventories are relatively robust, which could temper price spikes, as policymakers confront longer‑term supply risks from announced refinery closures.