Gas prices in California are already high. With Valero’s Benicia refinery shutting down and more production shifting overseas, the state’s fuel supply is entering a more fragile phase. What could this mean for the state’s ability to keep up with demand? This episode features Skip York, Chief Energy Strategist at Turner, Mason & Company; Mike Ariza, former Senior Refinery Controller at Valero; and Catherine Reheis-Boyd, President and CEO of the Western States Petroleum Association. They explore how infrastructure limits, policy decisions, and exposure to global markets are changing the risks.