California is importing record amounts of gasoline from the Bahamas, a costly and circuitous route driven by dwindling fuel-making capacity, strict environmental regulations, and a loophole in maritime law, according to a report from Fortune. In November, the state imported more gasoline than ever before, with over 40 shipments originating from the Bahamas. This lengthy journey adds to the already high gasoline prices in California.
The unusual shipping pattern is a result of several factors. California faces shrinking oil refinery capacity and stringent environmental regulations, making it costly for energy companies to operate there, according to Fortune. The state also lacks interstate pipelines, further complicating fuel distribution. The situation is compounded by a 106-year-old maritime law loophole, which allows for the unusual shipping route.
In other news, the Munich Security Conference recently concluded, with European leaders expressing a desire to become less dependent on the United States, as reported by NPR Politics. The conference addressed various global issues, including the future of transatlantic relations.
Meanwhile, Bangladesh held what observers described as its first fair election in nearly two decades, as reported by NPR Politics. The Bangladesh Nationalist Party secured a landslide victory, and the winners now face the challenge of tackling corruption and revitalizing the country's economy.
In Minnesota, a "small" federal security force will remain after an immigration enforcement operation concludes, according to White House border czar Tom Homan, as reported by NPR News. Homan stated that the operation had already removed over 1,000 people, with several hundred more to be removed by the beginning of the week. The remaining agents will finish investigations.
Finally, a study suggests that moderate caffeine intake might reduce dementia risk, according to a report in Nature News. The study, which analyzed decades of data, found a link between coffee consumption and slower brain aging.
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