Torrance Refinery Explosion Cost California Drivers $2.4 Billion In High Pump Prices, Study Says
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<p>The February 2015 explosion that shuttered the ExxonMobil plant in Torrance was the costliest disruption at a California refinery in the past 16 years, with motorists paying at least $2.4 billion in higher pump prices in the following six months, <a href="http://www.rand.org/content/dam/rand/pubs/research_reports/RR1400/RR1421/RAND_RR1421.pdf">according to a recent RAND study</a>.</p>
<p>Soaring prices stemming from the lost gasoline supply sucked a staggering $6.9 billion from the California economy in the first six months after the explosion alone.</p>
