Jeremy Hobson: A major refinery for Chevron caught fire in California last night. The fire in Richmond, outside of San Francisco, has been extinguished, but one employee was injured at the plant and hundreds of area residents have gone to the hospital with breathing problems because of the smoke. And the fire could be bad news for drivers across the West, because one less refinery online is likely to mean higher gas prices.
Juli Niemann is an oil and gas analyst with Smith Moore and Company and she joins us live from St. Louis as she does every Tuesday.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.