Posted on 05/20/2019 7:44:14 AM PDT by bananaman22
Market manipulation could be behind the fact that California drivers pay more for gasoline than the rest of the country, the Lost Angeles Times reports, citing a statement by the California Energy Commission.
“The Energy Commission has identified a number of possible causes that could explain the residual price increase in California, ranging from refinery outages to potentially market manipulation,” the statement, sent to Governor Gavin Newsom, said.
The commissions said it has identified several possible reasons for the fact that as of Friday, drivers in California paid an average of US$4.05 per gallon of gasoline, which was US$1.20 higher than the national average. Besides market manipulation, the reasons also included refinery outages.
(Excerpt) Read more at oilprice.com ...
Did they look into insane taxes and regulations?
None of the potential causes included higher taxes and California-specific summer blends?
Typical leftists. They constantly put the screws to the energy companies with excessive regulations and taxes, and then they complain when the costs get too high! Leftists destroy everything they touch, and they refuse to accept the responsibility that they’re the ones who are causing havoc!
Yeah, I was gonna say - Yes, they are being manipulated by insane taxes.
I will say this, though: Where I live (KY) the price difference between regular and premium is, on average, roughly $.50. I only get premium at Kroger because the difference is $.30, but at some stations it can be as high as $1.00. I was in California two summers ago and I saw the difference was only about a dime.
I guess it’s just all expensive there. :)
California charges sales tax on gas, which most states do.not. that’s on top.of the ongoing federal and state gas taxes. Then the whole summer blend thing adds to the cost.
I saw a breakdown once, of the cost of a gallon of gas in California. Leading the way for higher costs were the additional taxes such as the sales tax, and the higher cost of the winter and summer blends of gas required.
Point being, there are documentable reasons why California has such high gas prices.
How is it that this country has the largest energy resources and such high prices for gas and electric?? Maybe the deep state is trying to make Trump look bad.
Is it legal to post the price and the taxes on every pump. Inform the drivers.
They are posted. Usually on a center post of each island. I filled up the other day. $72.00
Gas is $3.20 a gallon in Oregon.
And here we (the nation) are in a natural gas glut and CA utilities are thru the roof, all because our leaders force utilities to sell the more expensive wind or solar.
lets not forget the unbelievable smog regulation imposed on those diesel delivery trucks, and of course the California roads aren’t much better than most dirt roads in this country, thereby destroying those expensive trucks.
Socialism is all take and no make.
$3.20/gal for regular. Too bad my car uses premium, which in my area has been at $3.55 lately.
Stupid stupid stupid STOOOOPIIID question.
Tesoro, Chevron, and Exxon absolutely manipulate gasoline prices using illegal tactics.
Lived there. Seen it. Go there if you dont believe and experience it for yourself....along with all kinds of other crap.
I call it the Pacific Gas and Electric (PG&E) effect!
“Best price”on regular locally (Anchorage) is $3.29 at COSTCO.
The Muni added a $0.10 /gal tax last year- I see no difference in the road conditions locally....
CA is corrupt and too arrogant to know ..
Boycott gasoline for a month or so.
As far as I am concerned the prices certainly are not high enough. They need to tax the hell out of the people to pay for all of the free loading Mexicans
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