So I am concerned, of course, and this is what we call an oligarchic industry, right. It's just a handful of players, five refineries in the state that are responsible for our supply. and we've seen huge spikes in price that were not seen around the country. And so that is unusual. At the same time, California's gas blend requirements mean that we have a thin market. (53:37–53:44)
CLAIM
Asserts that only five refineries in the state are responsible for the gas supply.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.