rose 17 cents a gallon overnight due to supply disruptions at some refineries and seasonally low inventories, bringing the one-week increase in the Golden State to nearly 36 cents. Posted on 10/05/2012 12:27:23 PM PDT by Ernest_at_the_Beach
SAN FRANCISCO -- California gas prices rose 17 cents a gallon overnight due to supply disruptions at some refineries and seasonally low inventories, bringing the one-week increase in the Golden State to nearly 36 cents.
The average retail price of gasoline was $4.486 on Friday morning, up from $4.315 on Thursday and $4.131 a week ago, according to AAA data. The average price was $3.818 a year ago.
The average price is just 12 cents below the highest recorded statewide price of $4.61, which was reached in June of 2008.
"It's insane," said Matt Hurd, 35, who works in real estate. "Especially with this thing," he added, motioning toward his white SUV. "It's going to cost triple digits to fill it up."
In recent weeks, California refineries have dropped production in anticipation of switching over to a "winter blend" of gasoline next month.
At the same time, a power outage at Exxon Mobil Corp's Torrance, California refinery on Monday and a shutdown of the crude distillation unit at Chevron Corp's Richmond, California refinery contributed to the tight supplies.
(Excerpt) Read more at bottomline.nbcnews.com ...
The left is already blaming oil companies, the refineries, and speculators.
The Ticked Off Car Owner is a wind bag. Chris Matthews? What does this...this...person have to do with gas prices in California? The caller is typical, he knows something is wrong when he has trouble paying for gas, what happens when he has to make a choice between food and gas?
Or when he can’t get gas at any price because it’s being rationed?
California’s gasoline problems are not the result of crude shortages or general gasoline shortages but of a deliberate policy of creating unique blends and demanding the use of them.
If the price of gas was $10/gal. how many Californians would support more refinery capacity? Would the caller?
Denton, Texas. Just North of Dallas/Ft Worth and part of the metroplex. Small town feel in a city of 120,000 and very inexpensive compared to the East & West Coasts. Lots of nice homes under $200,000:
You all can stop picking on Colleyfornia any time now. I paid 4.65 a gallon in Chicago on September 19.
Yep. BTW they know what ever happens here happens there, or will happen there.
Ya get all these people fleeing from one area to another, thinking they can outrun whatever.....It don't work unless ya move to the boonies in the middle of nowhere....Not for me...I have no desire to drive 50 miles to work, the store, mall or whatever...
Remember...CA voters rejected the initiative DELAYING the implementation of the new global warming act...Arnold and his Dem buddies passed that law...
I am thinking that CA voters are so obsessed with environmentalism that they are willing to pay for high gas prices and reject more refineries...(Of course, I am not one of those people.)
“Yep. BTW they know what ever happens here happens there, or will happen there.”
This country would never have been birthed at all if some of those who now are trying to “escape” the creeping Marxism, were our “founding fathers.” They have been “dumbed down” too, to think that “fleeing the scene” is preferable to “ standing and fighting.” At the end of the day, with that thought process, should it be the prevalent one, we will cease to exist, at least as the stellar place that was created by our founders. They talk about the Republicans “having no balls!”
Well, I submit that they lost their testicles somewhere along the way too!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.