That specific blends required in California limit the suppliers of the fuel.
Does California have some kind of big summer additive requirement that caused the spike 2 weeks ago? We have been SLOWLY but steadily trending down in VA for a month now. I was paying as high as $3.89 and paid $3.49 this morning.
The oil companies in WA all make the CA blend for the all the states. They find it more efficient to simply blend the more expensive CA blend for everyone.
BP plans to be up and running by the end of the month. Part of the problem is that the fire occurred right before the scheduled CONOCO turn around and BP had to wait for the contractors to finish at CONOCO before they could even start at BP. So, there were two refineries down at the same time for a month.