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Now we wait. As many expected, Big West on Rosedale Highway has stopped refining oil. What's next is harder to predict. Will Big West sell? Will it work out a deal with its suppliers to get running again? Will the state Attorney General's office — or maybe the California Energy Commission — step in to force a resolution? Before making your own guess, take a moment to consider how we got here. Utah-based Flying J Inc. bought the refinery from Shell Oil Co. in 2005, when the truck stop operator was still new to refining. Unlike Shell, Flying J — an outsider in an industry that heavily favors insiders — does not produce its own oil. That's two strikes against it right there. Fast-forward to late 2008. Refiners nationwide are getting hammered by plummeting oil prices. Suddenly its lenders come knocking on Flying J's doors. Unable to pay up, the company files for Chapter 11 bankruptcy protection in late December. Local oil producers get nervous fast. Many...
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