News Wrap

IN TODAY'S wrap: Chevron, Exxon linked to California fuel price surge; US LNG export hopeful squares off against Sierra Club; Gazprom seals India LNG deal

Chevron, Exxon

Gasoline prices in California surged after Chevron shut down an 85,000- barrel-a-day pipeline in the north of the state and an ExxonMobil refinery lost power, Bloomberg reported.