\u201cThat Southern California refinery feeds into Las Vegas and Phoenix,\u201d De Haan said. \u201cSo the permanent shutdown of that Phillips 66 refinery in Los Angeles is problematic,\u201d he said. There\u2019s also been other refiners that have had maintenance issues in the last few weeks and that\u2019s why prices have been elevated.\u201d<\/p>\n
Last month, a massive fire broke out at a Chevron refinery<\/a> in the Los Angeles suburb of El Segundo.<\/p>\n \u201cThankfully, the increases were much tamer than expected. Some of that can be chalked up, ironically, to the fact that there have been so many refinery issues in the West Coast that there was already additional gasoline coming from as far away as Asia,\u201d De Haan said.<\/p>\n \u201cThat additional supply showed up just in time for one of these refinery snags. So, supply was less challenged than anticipated due to the timely arrival of gasoline from as far away as Asia.\u201d<\/p>\n It\u2019s not all doom and gloom, however.<\/p>\n \u201cPrices only jumped about 10 cents, thankfully below the 15 cents we thought,\u201d De Haan said. \u201cBut since then, prices \u2014 after hitting $3.60 in Phoenix \u2014 are down to about $3.58 and the decreases should continue here into Thanksgiving. So, some good news for motorists in Arizona ahead of the holidays.\u201d<\/p>\n KTAR News 92.3 FM\u2019s Colton Krolak contributed to this report.<\/p>\n Follow @serenaeosully<\/a><\/p>\n We want to hear from you.<\/p>\n Have a story idea or tip? Pass it along to the KTAR News team here<\/a>.<\/p>\n
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