EL SEGUNDO, Calif. – The Latest on a refinery fire near Los Angeles (all times local):
Continue Reading Below
10:40 a.m.
A petroleum industry analyst says a fire that erupted at the West Coast’s largest oil refinery is unlikely to have an effect on gas prices.
No injuries were reported in the blaze Tuesday at the Chevron El Segundo Refinery south of Los Angeles. Crews kept the fire from spreading to storage tanks and had the flames out within about a half-hour.
Chevron has not said what caused the fire or detailed the extent of the damage.
Fires at such refineries have had implications for gas prices. But Patrick DeHaan, senior analyst with Gas Buddy, said Wednesday that initial information indicates that will not be the case with this blaze.
Continue Reading Below
ADVERTISEMENT
DeHaan says the refinery was not running at full capacity because the facility had recently shuttered most operations for regular semi-annual preventative maintenance.