And we need more refining capacity.
Gas prices in rural N.GA were running around $2.29 before the attacks, although I did see one station at $2.14 for a few days. After the attack gas bumped up to $2.69 but came down to $2.49 pretty quickly. I think we’ll be back to $2.29, or lower, shortly.
Wouldn’t be unprecedented.
Let’s see; the price of oil (POO) is right back to where it was pre-attack +/- 50 cents.
Supposedly over 90% of the KSA refining capacity is back online. (If you want to insist upon being skeptical of something, I could accept *any* report from KSA)
The $6 ramp in oil came off in TWO DAYS. To me; the market does not lie.
So, it would make total sense for gas to stay @ $4 for six or so months. /s
True.
in addition to the federal gas tax, California has its own state gas tax, plus a global warming tax on every gallon, plus adds sales tax on gasoline sales.
Whenever I’ve traveled to Arizona, it’s stunning to see how gas is generally about $1 per gallon cheaper there than in California.
I just paid $2.39.9 a gallon at Walmart Murphy's in North Central Florida. Glad I don't live in NY or Californicate...
Can’t understand that. The price of oil is right where it was before the attacks.
Here in Central Kentucky, I paid $2.38 a gallon for gas yesterday.
Didn’t Bammy and his minions want $6 gallon gas?? Why should the Looney Lefties in CA be crying?
Here in southern Arizona, I just paid $1.79 to fill up at the local Texaco station using my Safeway Just-4-U points. Between taxes, regulations and mandatory “seasonal blends” (pumpkin spice for autumn?) my sister in Palm Springs, Calif., pays somewhere in the neighborhood of $4.
Reading between the lines, the MSM in California is getting REALLY concerned about how big a dent Trump is going to put in the CA popular vote next November.
Thanks for the 411. We California FReepers will be
sure to pass along your information to those voters
WHO ACTUALLY DID VOTE FOR THE POLITICOS WHO IMPOSED
THE HIGHEST TAXES ON GAS IN THE NATION.
I’ve got the perfect solution to this problem - RAISE TAXES!
Calif probably raised their taxes again on gasoline to take advantage of the Saudi’s ‘gift’.
May?
Excellent reporting.
And now for some fun, if you think California is the only or last state this bullshit will happen to you all better wake up! For all of the good in Texas it is edging toward the brink of democrat domination through illegals, Texas has always been the number two choice of illegals behind California but has more and more been moving to number one.
I don't think there is a single state of the union that does not have a growing illegal population and states like Oregon and Washington are jacked up even without them. No don't go blaming California, there simply are not enough people in the state to keep effing it up while relocating a significantly large enough number to other states to override their native conservatives unless the states were already heading liberal without them.
Yes California is F'ed up and those of us that can't leave, for whatever reason have to try and survive, but I recommend that instead of being Californicators people keep an eye on their own states and try to win the battle we have for now lost.
Oh and bare in mind that the lack of refining capacity impacts all states not just Califrornia. Or are you naive enough to believe that Big oil won't screw everyone in the A$$ with any opportunity to pack in the profits?
SA before the bombings produced 5% of the world’s fuel. Half was bombed so half is still operating. So, the world is out 2.5%. No way should this make so much as a plip in the price at the pump. CA is raising prices just because they can.
Outside Seattle at my local Costco the price has dropped in the last three weeks, $2.83 this morning.
That’s very Green of them.