Originally posted by welk2party
Last I checked the refinery was owned by the shareholders. They can do whatever they deem is economically feasible. Does this smell like higher gas prices? Yes!
True, unless it is done in order to manipulate the market. There are anti-trust laws that Shell may be violating by moving to limit supply.
Shell acquired the Bakersfield refinery recently due to a merger of two other oil behemoths.