California’s energy crisis isn’t coming — it’s already here.
In this episode of Beyond the Pump, host Mikey Muscatello and co-host Beatrice sit down with USC professor and energy economist Michael Mische to break down the numbers behind California’s skyrocketing gas prices, refinery shutdowns, and growing dependence on foreign oil.

Mische reveals why two major refineries (Phillips 66 and Valero) are closing, how much of every gallon goes to state taxes and environmental fees, and why new drilling permits won’t fix California’s fuel shortage.

The views and opinions expressed by guests on this podcast are their own and do not necessarily reflect those of CFCA.

💡 Key topics: refinery shutdowns • gas price forecasts • SB237 drilling permits • cap-and-trade costs • EV mandates • job losses • small business impact • energy independence

🎤 Guest: Michael Mische, Professor, USC Marshall School of Business
📍 Recorded ahead of the CADC Energy Summit (Oct 20–21), presented by the California Fuels and Convenience Alliance.

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📍 Learn more about California’s fuel and convenience industry at CFCA.energy.
📅 Don’t miss the CADC Energy Summit, October 20–21 in San Diego.

California gas prices, California energy crisis, refinery shutdowns, Valero Benicia, Phillips 66, SB237, California oil permits, cap-and-trade, EV mandates, CFCA Energy Summit, Michael Mische USC, Beyond the Pump podcast

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USC's Michael Mische on California's Impending Energy Crisis | EP 18