The port being a major import hub for Toyota cars and trucks, several dealers told ABC7 they're concerned delivery delays might add to ongoing supply chain headaches.
Benicia's deputy city manager says if the port is out of commission with trouble bringing in crude to the refinery, gas prices could possibly spike.
Operations at the port have been halted. The facility is used to by Valero Benicia Refinery, which processes crude into gasoline, diesel and jet fuel. Energy experts say even a small disruption could have economic impacts at the pump. "They produce a lot of gas and diesel if they were to lose operation of that refinery, that would be a big hit to California market, I'd expect prices to shoot up farther just as they were starting to come down," said Professor Severin Borenstein from the UC Berkeley Haas School of Business.
The port is also a major import hub for Toyota cars and trucks. Several dealers told us off camera, they're concerned delivery delays might add to ongoing supply chain headaches."We continue to get regular updates from port officials and are optimistic that we will be able to resume off loading vehicles soon at the berth where the fire occurred, or will use another one at the port.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
High surf advisory issued along Bay Area coastline until Sunday afternoonThe National Weather Service has issued a high surf advisory until 3 p.m. Sunday.
Weiterlesen »
Fire that razed Bay Area Home Depot visible from outer space'The Home Depot is pretty much a total loss.'
Weiterlesen »
‘Recipes of resilience’: Bay Area chef Reem Assil’s highly-anticipated first cookbook, “Arabbiya”It’s been a crazy last few years for the founder of Reem’s California, who spent the pandemic feeding the needy and working on a cookbook — and is now a James Beard finalist for o…
Weiterlesen »
Inside the exodus from Bay Area neighborhood schoolsFamilies are moving their kids to private schools, charter schools, homeschooling and relocating to less-expensive areas.
Weiterlesen »
'Winter-like pattern' develops across SF Bay AreaCooler and unsettled weather swept the San Francisco Bay Area Monday morning with a cold front dropping down from the Pacific Northwest and delivering a chance of rain.
Weiterlesen »
SFGATE readers on which Bay Area cities have changed the mostThe SF Bay Area has seen remarkable change in recent decades, but which place has changed the most?
Weiterlesen »