Calif. Demands Answers On Oil Prices

cbs ^ | 6/6/6

[LouAvul]

It couldn't have anything to do with the fact that Kalifornia has allowed itself to be dictated by radical environmentalists, could it?

No, I didn't think so.

(sarc=off)

[Conservative Yellow Rose]

Isn't EVERYTHING more expensive in California?

[talleyman]

I'm pretty sure I know why they're closed door sessions - wouldn't want the sheeple to hear the answers...

[Ptaz]

Is he going to haul himself into his office to explain all the whacko environmentalist regulations that California imposes that raise prices and the taxes that Federal and State government take from each gallon of gas too? He should be ashamed

[Doc Hunter]

This should be interesting trying to educate an Attorney General about the free market and the NIMBY signs along both coasts and Alaska. Now what do you not understand, General? :-)

[2harddrive]

The major problem in Commifornia is its requirement for "boutique" gasoline blends, rather than traditional unleaded.

[P-40]

Sounds like they are just recycling their gripes over and over and over again...

Selected Cues from Energy Prices Hearings

rtsp://video.c-span.org/project/energy/energy052306_price.rm?mode=compact

Run Time: 2:34:31

1:28:17 Boxer start
1:29:34 OPEC lawsuit
1:34:00 not illegal to sell a refinery
2:28 Boxer Reality check
2:34 hearing over
1:47:00 Snowe start
1:47:39 OPEC
1:48:15 OPEC Lawsuit - laugh at
1:50 Lautenberg

[A CA Guy]

Could it be the extra hoops the companies have to go through to satisfy the required formula for this state?

We have near 70 formulations in the country and I think we should get it down to two for each grade and no more.

[Extremely Extreme Extremist]

Oh boy, that'll make the oil companies lower their prices.

Atlas is not only shrugging he's doing backflips and cartwheels.

[Ben Mugged]

If they really want an answer they should summon California Democrats rather than oil executives. California tax on gas is among the highest in the nation.....

[TexasCajun]

"Well, it could be those designer fuels you demand on us."

"We have to make a Special fuel for the Special people of California"

[martin_fierro]

I have an answer:

[Extremely Extreme Extremist]

But...but...isn't this is what the CA libs want? The air is cleaner! People are riding bikes and rubbing sticks together for fuel!

[Myrddin]

The major problem in Commifornia is its requirement for "boutique" gasoline blends, rather than traditional unleaded.

Bingo! If California allowed gasoline refined outside of the state into the market, the prices would drop. California only allows gasoline refined inside California and mandates a bunch of boutique blends.

[SAJ]

Would 'anything' be the most likely answer to come out of this putz' mouth, d'ya think?

Wups, sorry, guess it wouldn't. Lockyer's an ARCH-'Rat, and that would be a true answer.

Clearly impossible.

[ssaftler]

No, but it JUST might have something to do with the fact that he's running for state Treasurer in today's primary. Don't know the polling numbers (never much of a poll cat), but I'd bet dollars to croissants (we ARE in Cali-phony-a, after all) that he's behind!

[Puppage]

California tax on gas is among the highest in the nation.....

But, it's for the children/sarc

[Brilliant]

"California's Attorney General has begun hauling the CEOs of major oil companies into his office - demanding, in closed door sessions, that those executives tell him, under oath, why gas prices are higher in California than almost anywhere else in the nation."



Maybe it's because the CA state government is more overbearing in its regulation than any other state in the Union.


I don't know of any other state that would pull this stunt.

[HardStarboard]

Oil companies should post two prices:

1] the price of gas including costs for "botique"
environmental blends and additives, and without
ethanol - and note they can't sell it!

2] the price with all of the above.

[TexasRepublic]

The AG wants his cake and eat it too. If I were an oil company CEO called onto the carpet, I would suggest building refineries in California and allowing offshore drilling, just to watch him scream.