Talk about that.

Yeah, well, I think you made a great point in mentioning that California has tried to go after the supply side of the equation, making it hard to both develop energy in the state and then also make it harder to refine energy in the state.

I think, I don't know if it's over the last three decades or around that time, the state's lost, what is it, 18% of its refining capacity.

Demand certainly has not fallen in tandem with that.

And so I think you see these EV mandate rules and other things being California's attempt to go after demand to try and get that to fall back in line with their bad supply side policies.

What it makes me think of, though, you made a great point about when demand can't be satisfied locally, you have to go and get products brought in from farther away.

And that makes me think directly about two of the other CRAs that we're concerned about, both having to do with California ports.

Let's take a look at the small off-road engines a little bit, because I'm having a hard time comprehending.

Talk about that.

Yeah, well, I think you made a great point in mentioning that California has tried to go after the supply side of the equation, making it hard to both develop energy in the state and then also make it harder to refine energy in the state.

I think, I don't know if it's over the last three decades or around that time, the state's lost, what is it, 18% of its refining capacity.

Demand certainly has not fallen in tandem with that.

And so I think you see these EV mandate rules and other things being California's attempt to go after demand to try and get that to fall back in line with their bad supply side policies.

What it makes me think of, though, you made a great point about when demand can't be satisfied locally, you have to go and get products brought in from farther away.

And that makes me think directly about two of the other CRAs that we're concerned about, both having to do with California ports.

Let's take a look at the small off-road engines a little bit, because I'm having a hard time comprehending.