Gas prices
Joined: Aug 2001
Posts: 6,096
Likes: 9
From: So Cal where the OC/LA/SB counties meet
It's all about the refineries being fully operational. It's always about the refineries. How about we all pool our money and build our own refinery.
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true. alot of other countries pay wayyy more... but us americans like stuff cheap, otherwise we complain. well my 7's been down for a month and i work 2 minutes away, so havent had to buy gas for a month.
Thread Starter
Joined: Jun 2008
Posts: 8,376
Likes: 28
From: Chino Hills, CA
It would also mean our overall price would be lower, since wholesalers would be able to buy competitively. As things are, there's no real market pressure for the CA-specific producers to get prices down.
For that matter the state gov't could issue waivers to temporarily allow out-of-state fuel, or even to allow the switchover to winter fuel in SoCal early - - which would dramatically ease these price bumps. They have refused to do so thus far.
Gas price in Japan has nothing to do with prices here. Japan has to import all its petroleum; we don't. It's not a matter of 'liking things cheaper' - - I'm sure the Japanese would greatly enjoy less-expensive gasoline, as would any rational person.
Thread Starter
Joined: Jun 2008
Posts: 8,376
Likes: 28
From: Chino Hills, CA
OC Register is claiming we should see some falloff by mid-week.
Analysts see gas prices falling by midweek | prices, california - News - The Orange County Register
Of course, the government types do not want to address that it is California's ridiculously tight fuel standards that created both the problem, and the potential for market manipulation that occurs whenever you eliminate competitive pressures by creating a captive market.
Analysts see gas prices falling by midweek | prices, california - News - The Orange County Register
The rise of Orange County gas prices appeared to have slowed Monday, and analysts saw welcome signs that prices would begin dropping by the middle of the week.
California pollution regulators took the almost-unprecedented step of allowing a cheaper blend of gasoline onto the market earlier than usual in an effort to cut pump prices. Sen. Dianne Feinstein called for a federal investigation into whether "malicious trading schemes" had helped launch prices skyward. Sen. Barbara Boxer late Monday asked for a probe of refinery maintenance issues.
California pollution regulators took the almost-unprecedented step of allowing a cheaper blend of gasoline onto the market earlier than usual in an effort to cut pump prices. Sen. Dianne Feinstein called for a federal investigation into whether "malicious trading schemes" had helped launch prices skyward. Sen. Barbara Boxer late Monday asked for a probe of refinery maintenance issues.
Gas stations love price fluctuations. They pass along costs on the way up so the cost increase is no big deal to them. Where they gouge you is being too slow to let prices float back down. At that point everyone is so happy prices are dropping that they get away with it for a couple weeks of especially fat profits.
We actually studied the phenomenon in business school.
-Joel (aka Frijolee, but apparently from the wrong account)
We actually studied the phenomenon in business school.
-Joel (aka Frijolee, but apparently from the wrong account)
Im currently in Kingman AZ for work and gas here is 3.76 for 91....... effen gay. Their cost of living here is 22% lower than CA... So if you live here its like giving yourself a 22% pay raise... And class 3 guns are allowed as well as consealment.... Dude here pumped gas next to me with a glock 18c (full auto glock) strapped to his hip..
Thread Starter
Joined: Jun 2008
Posts: 8,376
Likes: 28
From: Chino Hills, CA
Down to the 4.30's now... still >30 cents/gallon higher than just before the "shortage," even though the news is full of premonitions of huge drops because national inventories are high and demand is down.
Not here, though. Not in California, which more or less floats on a sea of oil. Because we can't participate in the national market. Because our state is run by fanatical eco-zealots.
Argh.
Not here, though. Not in California, which more or less floats on a sea of oil. Because we can't participate in the national market. Because our state is run by fanatical eco-zealots.
Argh.






