Reply With QuotePrices went up 55 cents here in less than a week.
Refinery fire could boost gas prices nationwide
http://www.usatoday.com/news/nation/...ces/56875468/1
Read the rest of the article at the linked page.Gasoline prices, now averaging $3.87 a gallon in California, $3.72 in Washington and $3.69 in Oregon, are expected to spike to $4.15 to $4.25 a gallon over the next week to 10 days following Monday's partial shutdown of a Chevron refinery in Richmond, Calif.
Nationally, gasoline prices have climbed 27 cents a gallon in the past month. While the refinery fire will drive prices along the West Coast, it will also lift the national average above year-ago levels.
Prices went up 55 cents here in less than a week.
And we had hope of cheaper gas for a couple months...
Gah. Not good.
That refinery is an eyesore.
We just got over the one in Anacortes and now this.... time to fill up.. I should buy one of those mobile bladders and stick it in my garage and just horde the crap out of gas.Originally Posted by Ought Six
That would not be a bad idea, especially if you have a truck with big tanks.
----------Do not expect the insurance company that wrote your homeowner's policy to pay out if things go bad. The only way to really do this safely is with a diesel vehicle and a tank of biodiesel. If it leaks, you will not have an explosive situation or a hideously expensive toxic spill cleanup. Just make sure you use the proper fuel preservatives and rotate your stock.I should buy one of those mobile bladders and stick it in my garage and just horde the crap out of gas.
I just filled up yesterday, and damn near had to empty my whole wallet. Cost $4 more than last week. Is the Richmond refinery the sole purpose for gas prices rising, or is there more to it? With speculation, it's hard to tell... I even thought that someone might have taken into account the fighting in Saudi Arabia and added a couple cents to the price because of that...
The price of gas does not exactly track the price of oil.
It's just the man trying to keep me down
I was just half joking about the bladder. A garage full of fuel, ammo and my furnace is not a good thing.
At the very least, oil price is supposed to be the chief determinant of gas prices, but clever capitalists exports refined products squeezing the already tight supply. voila..Profits!
Of course our lack of excess refinery capacity is solely due to evil plotting by "clever capitalists". It has nothing at all to do with the asinine federal regs and endless stream of lawsuits from enviroextremists and NIMBYs that make it nearly impossible to build a new refinery in this nation.
I'm sure you also failed to notice that while refining capacity is held hostage by regulations, we have tripled the export of refined products over the past couple of years. What does that do to gas prices? .....call them evil capitalists, call it clever capitalist. whatever, it is what it is.......they are reeling it in!Of course our lack of excess refinery capacity is solely due to evil plotting by "clever capitalists". It has nothing at all to do with the asinine federal regs and endless stream of lawsuits from enviroextremists and NIMBYs that make it nearly impossible to build a new refinery in this nation.
We have increased exports because of increased demand in Central and South America. Like oil, refined products are a global market with a global network of commodity exchanges that determine price. To say that increased global demand for refined products is some sort of plot by 'clever capitalists' is obviously nothing more than a baseless conspiracy theory. It is simple supply and demand.
Stop throwing around "conspiracy theory". This is simple, businesses do what they have to do the maximize profits. E.g. Japanese auto makes shift production overseas when the yen appreciates . Businesses make adjustment to ensure healthy profits. If you call that "conspiracy theory" or "evil plot" that's on you dude!
You are calling an increased demand in Central and South America the work of "clever capitalists". That is a price-fixing conspiracy theory, and it is obviously wrong.
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