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How much will this increase gas prices? Gas lost will be replaced by bringing in gas for overseas.
Phillips 66 announced Wednesday it will close its 650-acre oil refinery complex near the Port of Los Angeles by the fourth quarter of 2025, days after Gov. Gavin Newsom (D) signed a new law regulating gas storage and refineries.
The refinery in Wilmington, together with a complex in Carson 5 miles away, produces up to 85,000 barrels per day of gasoline and 65,000 barrels per day of distillates, such as diesel.
How much will this increase gas prices? Gas lost will be replaced by bringing in gas for overseas.
Phillips 66 announced Wednesday it will close its 650-acre oil refinery complex near the Port of Los Angeles by the fourth quarter of 2025, days after Gov. Gavin Newsom (D) signed a new law regulating gas storage and refineries.
The refinery in Wilmington, together with a complex in Carson 5 miles away, produces up to 85,000 barrels per day of gasoline and 65,000 barrels per day of distillates, such as diesel.
50 years ago when that shack was built it was not "close to the cliff", mwahahahaha.
You can avoid erosion like that no problem.
RWSGFY says
50 years ago when that shack was built it was not "close to the cliff", mwahahahaha.
Yes it was. Wasn't engineered properly. You can avoid erosion like that no problem. It's not complicated. But whatever? Look at the house to the North. It's fucked. They didn't do pilings correctly. This is engineering 101. Do it right once.
zzyzzx says
Instant infinity pool!!!
There are buildings in, say, Pacifica which are front row now but weren't less than 10 years ago. That coastline constantly moves inward.
Those concrete walls cost multi millions to build for short stretches, even more than the houses that perch on them, and they will be returned to the sea sooner or later anyway.
That $5M home just got flushed down the toilet and you'll need to default or sell for a fraction of what it used to be worth.
our townhome (built around 2015) is about 2 miles from the shoreline in the Florida panhandle and we got wind gusts up to 180 miles per hour from Hurricane Michael
Concrete and steel are a thing. Barrier islands in the panhandle protect their properties with sand dunes. Not foolproof, but their homes don't get washed away into the sea generally with hurricane force winds.
Rip rap is ugly and restricts access except to the billy goats who can climb over it. The walls look nice, but projected life expectancy isn't that great when one considers the costs, and that the temporary advantages goes to the wealthy who can afford the houses on the oversees.
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http://www.doctorhousingbubble.com/expensive-homes-california-home-prices-up-low-interest-rates-2012/?utm_source=patrick.net
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