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Yeah you’re completely right, it’s not news that Trump doesn’t give a flying fuck about laws but I fail to grasp why it’s not a problem for you
Laws in the US are meaningless, so I guess you're good.
>False, domestic producers operate at lower margins than OPEC so they cut those refineries - see comment above (also lol at carbon taxes It's weird how it was only the West Coast.... Simple search result... Emissions and fuel standards are a significant factor contributing to refinery shutdowns in California, as seen with Phillips 66 and Valero citing regulatory and cost pressures from the state's decarbonization efforts and stricter fuel market oversight laws. These closures, including Phillips 66's Los Angeles refinery and Valero's Benicia refinery, are expected to reduce California's gasoline production capacity, potentially leading to fuel supply shortfalls and higher prices for consumers. In response to the upcoming closures, California is exploring various measures, such as potentially paying hundreds of millions to Valero to prevent the shutdown. Key State Policies and Regulations Emissions Targets: California's commitment to reducing greenhouse gas emissions and its goal of phasing out gasoline-powered vehicles create a challenging long-term environment for refineries. Refinery Transparency & Inventory Requirements: A state law, ABx2-1, signed in October 2024, requires refiners to maintain minimum petroleum product inventory levels to combat price volatility. Regulatory Burden: Valero explicitly cited the "hostile regulatory environment" and high compliance costs, including an $82 million fine for air quality violations, as reasons for its decision to close its Benicia refinery. Impact of the Policies on Refineries Economic Pressure: The growing regulatory and cost pressures make it difficult for refineries to remain profitable and sustainable in the long term. Reduced Capacity: With Phillips 66 closing its Los Angeles refinery and Valero planning to close its Benicia facility by April 2026, California's refining capacity is decreasing significantly. Increased Market Concentration: The closures further consolidate the market, with Valero's closure reducing California's gasoline refining capacity and increasing reliance on other states and foreign imports.
Must be fuckin nice bruh. I got fucked by GOOGL, holding from 185 down to 141, and back up to 185. I sold because I broke even and every news article about GOOGL was about how they were going to get fucked by anti-trust laws and were going to have to spin off their chrome department and other shit and literally lose what made google google. FML Dude.
All of our securities laws exist because humans have always had a gambling problem and there are always people willing to prey on those weak-willed enough to succumb to them.
[China says Nvidia violated antitrust laws](https://fortune.com/2025/09/15/china-nvidia-mellanox-antitrust-trade-trump-tariffs-talks-beijing-washington/)
China says NVDA violated anti trust laws. Boo hoo China, show me a band 💰 💸
It's not just stock price, but also sales targets too. Further, whether it's legal or not doesn't matter if you're rich lol. Laws only apply to poors.
China says Nvidia violated anti-monopoly laws, significantly escalating trade tensions with US
What anti-monopoly laws does China have? lmao. Sounds like a way to react to tariffs
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