WTF paid $4.44 per Gal. $90 to fill my Explorer tank

[ray_ray]

I will not answer your question here but I just checked the liter price in Holland and that would be equivalent to $9.44 a gallon

in Cambodia the petrol price is about stable for the last 2 months and its floating about $5.16 a gallon

Robert-Jan

This news is a little more relevant to the home-20 ..

California Governor Jerry Brown on Sunday ordered pollution regulators to let service stations stock winter-grade gasoline early after an abrupt price spike last week sent some pump prices past $5 a gallon and left residents fuming. (Lets hope the pollution regulators fold? Or should we fight over this? ... )

Wholesale markets indicated that prices would likely ease in the coming days, but the political fallout may be just beginning.

(Here's someone trying to make some hay for themselves and lets see how many heads roll from this investigation that will conclude probably as soon as the money runs out for the investigation ) ...
U.S. Senator Dianne Feinstein wrote a second letter on Sunday asking for federal regulators to investigate possible price manipulation in the California gasoline market.

(Here's today's excuse on the pricing)
A series of refinery mishaps have constrained gasoline supply in California, which is largely cut off from U.S. national pipeline and refinery networks and thus more subject to supply and price disruptions.

(Here's your free markets at work(maybe))
Reuters reported on Friday that a "short squeeze" in trading markets may have also played a role in an unprecedented wholesale price increase of almost $1 a gallon last week for California-grade gasoline.

------------------------------

Ain't life grand? ... ESP watching the powers-that-be run the world and its people?

 

[Soviet]

Make sense? NO, NO, NO! Gas jumped .70C a gallon in 5 days. Seems like right after Romney made Obama look like the idiot that he is in the debate gas went boom!!!

I know political view points always get brought up in gas prices...but if you look at the trends, they have little to do with who is president and what affiliation they represent. Gas was over $5 a gallon here in California when Bush was in office 4 years ago. It's almost $5 now. There are a lot of variables outside of Presidential affiliation that control gas prices. Oil companies can charge what ever they want, whenever they want. They supply us with a product. There isn't a real need for competitive pricing when all the oil companies are seeing record profits. It makes sense to charge more for gas for the smallest of excuses (supply issues here in california). What are you going to do? Ride your bicycle to work? Neither political figure is going to stand up to big oil and tell them to lower prices. Big oil writes their pay check and our nation is addicted to it. From an informed voting person's perspective, Romney and Obama are the same, and nether one has offered any real solution to getting our currency back into what a world power should be. Until you get a genuinely informed voting populace that won't put up with BS, and a transparent/accountable government that the voters can genuinely participate in, we will always be the "victims", the grass will always been greener with the "other" party, and lastly, gas prices will always be going up up up.

 

[PALMER84ONE]

I know political view points always get brought up in gas prices...but if you look at the trends, they have little to do with who is president and what affiliation they represent. Gas was over $5 a gallon here in California when Bush was in office 4 years ago. It's almost $5 now. There are a lot of variables outside of Presidential affiliation that control gas prices. Oil companies can charge what ever they want, whenever they want. They supply us with a product. There isn't a real need for competitive pricing when all the oil companies are seeing record profits. It makes sense to charge more for gas for the smallest of excuses (supply issues here in california). What are you going to do? Ride your bicycle to work? Neither political figure is going to stand up to big oil and tell them to lower prices. Big oil writes their pay check and our nation is addicted to it. From an informed voting person's perspective, Romney and Obama are the same, and nether one has offered any real solution to getting our currency back into what a world power should be. Until you get a genuinely informed voting populace that won't put up with BS, and a transparent/accountable government that the voters can genuinely participate in, we will always be the "victims", the grass will always been greener with the "other" party, and lastly, gas prices will always be going up up up.

Yah I know, hence the words "Seemed like" in my post. It was more of the refineries and the lack of maintenance, winter blend joke, and the closing down of another. You know its all BS when you see oil at 40.00 a barrel and gas still above $4.00.

 

[Soviet]

Yah I know, hence the words "Seemed like" in my post. It was more of the refineries and the lack of maintenance, winter blend joke, and the closing down of another. You know its all BS when you see oil at 40.00 a barrel and gas still above $4.00.

Yeah, my buddy works for a the Golden Eagle Tesoro (Concord CA) refinery here and he says they run at 30-50% capacity on average. So if they really wanted to up production they could to make up for this shortage they could. However why would they wanna do that when they can do the exact same thing they were doing a week prior and get paid more for it. It's not like their supply costs any more. brilliant!

 

[street2dirt]

just realize there are around 50 different summer blends to make the EPA happy, & Kalifornia has thier own EPA also. And cities can only get gas from 1 specific refinery. if you remember during Katrina, Atlanta's gas price tripled because the only refinery that processed their special blend was in New Orleans & the EPA refused to relax the regs. So In my mind the useless EPA is the biggest bully in all of this..