Democrats Demand Answers From Oil Companies [Rep. Dennis Kucinich, has sent letters to seven major]

CNS News ^

[Sub-Driver]

just amazing......

[RightWhale]

1. What is your strategic plan to raise the supply of gasoline for the onset of the peak driving season, which is only weeks away?

Being overwhelmed by the fallacies in this news/opinion/polemic piece, I wish to mention just this one: the fallacy of seasonal variation was destroyed and obliterated forever by thackney's chart of yesterday.

[Cletus.D.Yokel]

Actually, the following canard is the most amazing part of this "article":

"Gasoline expands as it warms, thus providing less value per gallon."

[SAJ]

Kucinich adds a whole new dimension to the concept of 'schmuck'.

As if any company in any industry would reveal a strategic plan to do anything, particularly to an idiot Congresscritter. Bah.

[Loyal Buckeye]

Kucinich/Hagel in ‘08.

[Just Lori]

Gasoline prices are going up again -- particularly in California...

How many different types of gasoline do they have to make for CA (and every other state for that matter) due to ridiculous regulations imposed by democrats? How much cost has this added all along to every gallon?

[SAJ]

There are two anomalies in the energy mkts just now. One is Brent selling at an enormous premium to WTI. The other, of more interest here in the US, is the divergence of the product crack spreads.

These do tend, historically, to expand at this time of year, BUT, a 66-cent gasoline crack (right now, basis May futures) is just ridiculous. Were I the CEO of an integrated oil company, I should take steps immediately to max out refining capability before the Regress gets some ludicrous notion of a ''solution'' into its tiny, tiny brain.

As to the price of motor gasoline in CA, there's not one person in the industry, to my knowledge, who hasn't long since said that this development was going to be inevitable, given that CA has demanded a customised blend for which no other state has any use. Another practical lesson in why the political class shouldn't be allowed to have any influence at all in product specification and/or setting market pricing.

[cvq3842]

Kook alert!

If Kucinich is for it, I’m against it. I don’t even need to know what it is. :)

[goodnesswins]

What a DOOFUS.....how about we send him letters demanding answers about his economic intelligence....

[goodnesswins]

Isn’t there a problem with NOT ENOUGH REFINERIES, also?

[Waco]

What! Only 50¢/gal. over the nat. average? This is Kali. Give em time. They’’ll think of a way to get the price on up, to a level more to you shitheads liking. Yippee!!

[Thrownatbirth]

"Would you object to a federal law phasing in temperature-compensated gasoline sales in the United States?"

Un-effing-believable.

Is there anyone in the Democrat party that took Thermo 101?

[Dr. Bogus Pachysandra]

“Kucinich, a liberal Democrat from Ohio,”
He is not a liberal dem from Ohio! He is a commie twit from Ohio. Outside of his voting district here, he is called Dennis The Menace and Denny The Dwarf, both for his diminutive size, and his diminutive brain.

[mewzilla]

From the API, for anyone interested...

Gasoline

[taxcontrol]

Their answer should be:

We intend to continue to submit plans for building new refineries in the California area to improve the supply of gasoline. However, if past trends of the Democrat controlled state continue, we will be denied these permits and will not be allowed to build the required refineries.

[kabar]

Now that the Dems are in charge, we should see gasoline prices plummet. Go to it fellas. LOL.

[lawdude]

I don’t know what a ‘thackney’s chart’ is but would you agree that seasonal blends (as many as 42 from what I understand) and the cost/time/interruption at refineries might have an affect? And this at a time when, IIRC, 2 refineries are shut down dor safety reasons.

But it is BUSH that has caused all the price increase.

[avacado]

"Rep. Dennis Kucinich, a liberal Democrat from Ohio, has sent letters to seven major oil refiners, asking them to explain how they plan to "remedy the disparity" in gasoline prices, which are running about 50-cents-a-gallon above the national average in California."

Well gee.... ya little midget! Do you think perhaps the high gasoline tax in California has something to do with it! It's the second highest in the nation right behind Hawaii!

What a moron! Someone teach that little dwarf how to Google!

U.S. Gasoline Taxes by State: As of Jan. 2006

[massgopguy]

I’ll bet California has a higher Gas Tax than the national average.

[RightWhale]

No.