SAN FRANCISCO (AP) — Analysts expect West Coast gas prices to rise beyond $4 a gallon after a fire knocked out a key section of one of the nation's largest oil refineries.
Meanwhile, the same U.S. Chemical Safety Board team that investigated the oil spill in the Gulf Of Mexico was standing by with state and company inspectors waiting for structural and environmental tests to see if it was safe to enter the unit.
In all, five separate investigations will be done to determine the cause and effects of the Monday night blaze at Chevron's Richmond refinery.
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I still can't quite figure out how a refinery fire on the West coast is causing a 24 cent per gallon hike in gasoline prices here on the East coast. Never let a crisis go to waste?
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