As the price of oil keeps going down, it keeps climbing here in commifornca! It is around 3.40 a gallon at 47 dollars a barrel. Just wait until it goes back to 100 dollars a barrel. Gas will be 7 bucks a gallon here in communistfornia!.
The refinery strike resulted in only one refinery shutdown, the Tesoro’s plant in Martinez, California. Combined with the ExxonMobil refinery explosion in Torrance about 16% of California gasoline production has been shut down.
Combine that with California’s special recipes requirements that make it difficult to import finished gasoline from other areas and you get your price spike.