( October 9, 2026, 15:39 GMT | Official Statement) -- MLex Summary: Chevron, Valero Energy, PBF Energy and other oil refiners told a US federal judge that while a second amended complaint against them my be longer, the added words don't change the fact that there are still no allegations plausibly suggesting a conspiracy to inflate prices. “Plaintiffs essentially claim that a conspiracy must exist because no defendant predicted that [the California Air Resources Board] would (1) do an about-face on its own stated position, and (2) for the first time ever, split a compliance year into two. But an inability to predict a historic change in regulatory approach is not a conspiracy,” they argued. See attached file. ...
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