Gas prices set a record in California

Gas prices set a record in California

Locutus

#1Oct 7th, 2012

California’s average gasoline price set a record Saturday of $4.614 for a gallon of regular, up 12.8 cents overnight – but anyone who filled up in the last few days probably isn’t surprised.

Gasoline prices skyrocketed after the Exxon Mobil refinery in Torrance was knocked offline Monday by a power outage. Other lingering refinery and pipeline problems also contributed to the soaring costs at the pump.

Several service stations are charging more than $5 a gallon for regular gasoline. Some have stopped selling gas because they don’t want to pay the high wholesale price, which reached a record Thursday but eased somewhat on Friday.

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Gas prices set a record in California - latimes.com

The Old Medic

Re: Gas prices set a record in California

Oct 7th, 2012

California has the highest state gasoline taxes in the USA. They even add in sales tax, on top of the regular taxation (a tax on a tax). Sadly, they siphon off over 50% of those taxes for non vehicle/road uses.

Liberalman

Re: Gas prices set a record in California

Oct 7th, 2012

They tested the gas deception in Canada and now they are bringing to the Americans just because protesting the gas prices is not working anymore and with the cutting off of the gas supply in Toronto one winter and half the gas pumps closing because of no gas sent the message to the gas consumers that the oil companies still hold the power.

B00Mer

Re: Gas prices set a record in California

Oct 7th, 2012

California is automobile central for the USA..

Locutus

Re: Gas prices set a record in California

Oct 7th, 2012

They also demand that western refinery 'special' California blend. Tough ***.

Ron in Regina

Re: Gas prices set a record in California

Oct 7th, 2012

A quick trip here: GasBuddy.com - Find Low Gas Prices in the USA and Canada and I quickly come up with this:

.....just for a little perspective. Keep in mind that the USA is a net oil
importer, & Canada is a net oil exporter, and that the USA is Canada's
largest customer.

Locutus

Re: Gas prices set a record in California

Oct 7th, 2012

It's all about supply. The refineries temporarily shut down and they gotta deal with the fallout.

#juan

Re: Gas prices set a record in California

Oct 7th, 2012

That must mean we've been subsidizing them for years.

Ron in Regina

Re: Gas prices set a record in California

Oct 7th, 2012

How about this for some perspective:

On average, over the last three months, gasoline has only been more
expensive than gasoline in Alberta for the last three days.

Quote: Originally Posted by #juan

That must mean we've been subsidizing them for years.

Here's the same graph but spanning the last five years:

Locutus

#10 Top Rated Post

Re: Gas prices set a record in California

Oct 7th, 2012

petros

#11

Re: Gas prices set a record in California

Oct 7th, 2012

Quote: Originally Posted by Locutus

It's all about supply. The refineries temporarily shut down and they gotta deal with the fallout.

or they are investing in greener cleaner refineries and want their investment back?

eh1eh

#12

Re: Gas prices set a record in California

Oct 7th, 2012

Those poor Americans. Oh, wait, my hemorrhoid operation is free. Never mind.

Kreskin

#13

Re: Gas prices set a record in California

Oct 7th, 2012

Did Limbaugh predict this?

Ron in Regina

#14

Re: Gas prices set a record in California

Oct 7th, 2012

eh1eh's hemorrhoid operation being free? That would be some kind'a prediction,
and a breath of fresh air (yeah, I know) instead of the end of the world predictions
we keep on hearing about lately.

Kreskin

#15

Re: Gas prices set a record in California

Oct 7th, 2012

Quote: Originally Posted by Ron in Regina

eh1eh's hemorrhoid operation being free? That would be some kind'a prediction,
and a breath of fresh air (yeah, I know) instead of the end of the world predictions
we keep on hearing about lately.

There can't be too much fresh air during s hemorrhoid operation.

SLM

#16

Re: Gas prices set a record in California

Oct 7th, 2012

Quote: Originally Posted by eh1eh

Those poor Americans. Oh, wait, my hemorrhoid operation is free. Never mind.

Quote: Originally Posted by Kreskin

Did Limbaugh predict this?

Quote: Originally Posted by Ron in Regina

eh1eh's hemorrhoid operation being free? That would be some kind'a prediction,
and a breath of fresh air (yeah, I know) instead of the end of the world predictions
we keep on hearing about lately.

Quote: Originally Posted by Kreskin

There can't be too much fresh air during s hemorrhoid operation.

What in the heck did I walk in on????

Although I will concur, the 2012 doomsday stuff has been done to death.

taxslave

#17

Re: Gas prices set a record in California

Oct 7th, 2012

If everyone would stop buying from Esso and Pertocan for a month they would be forced to lower their prices. The following month we do Shell and CHevron.

Bar Sinister

#18

Re: Gas prices set a record in California

Oct 8th, 2012

Four and a half buck a gallon? Forgive me if I am not impressed. The last time I bought gas (about four days ago) it was about $1.15 a litre, which pretty much works out to the same thing as the California price. Try buying gas in Europe where it may run as high as $9.00 a gallon.

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