To the editor: If Phillips 66 and Valero want to abandon their refineries, doesn’t the state have a proper to take them over (“California Democrats push reforms to forestall refinery shutdowns,” June 27)? And as soon as that’s performed, doesn’t it appear probably that somebody (possibly even a former Phillips 66 or Valero govt) can be completely satisfied to buy them for simply the worth of the property with out having to pay a premium for a going enterprise? And for the reason that particular blends price extra to the buyer, isn’t it probably that there can be a large revenue with out the necessity to cheat the general public out of the estimated 80-cents-plus ghost payment?
It appears to me it is a win-win state of affairs. The refiners do away with their undesirable properties, the state makes cash, another firm makes cash and the general public will not be gouged. Drawback solved.
Joel Drum, Van Nuys
