2016 Postmortem
Related: About this forumWhy in the hell is fucking gas up to $4.00 for reg. in Ca.
Are the bathrooms fucking flooding in the refineries? How come we always end up paying for it when something fucks up in their world?
Newsjock
(11,733 posts)"It looks bleak," said Senior Petroleum Analyst Patrick DeHaan of GasBuddy.com. "Spot prices continue to jump and could rise another 10 to 25 cents a gallon over the next week or two."
... The increases are related to the state's annual switch from winter to summer gas, a blend of fuel used from April to Oct. 31. To prepare for the switch, refineries start drawing down supplies now and complete maintenance upgrades.
... In addition, BP reported a power failure at its Carson refinery near the Los Angeles harbor, the second-largest in California. Although power has been restored, two units at the 266,000-barrel-a-day plant were off line for two days.
And Valero's 78,000-barrel-a-day Wilmington refinery near Los Angeles plans a partial shutdown next week for maintenance.
LiberalFighter
(50,856 posts)sinkingfeeling
(51,444 posts)to an improving economy. That was minutes before they talked about the slight drop in GDP last month.
Atman
(31,464 posts)Just a week ago, gasoline was $3.50. Now it's up to $3.75. No reason, no news stories, no nothing. It must be Obama's fault.
msongs
(67,390 posts)oil industry
brett_jv
(1,245 posts)This technically counts as an 'export of gasoline' but it was never meant for 'us', and it wasn't made using 'our' oil.
We also sell a fair bit of gas and diesel to Canada in places near the border where our refineries are a lot closer to the gas stations than any Canadian refinery is.
In fact, what you're bringing up is actually a Bill-O talking point from a few months back (for which he proposed a 'big government' solution, I might add) that's been debunked by a number of experts who say that our high gas prices have very little to do with the volume of our gas 'exports'.
RKP5637
(67,102 posts)gas prices always get so convoluted IMO.
onehandle
(51,122 posts)hedgehog
(36,286 posts)Warren DeMontague
(80,708 posts)Because Clearly The Way To Deal With A Crack Addiction Is To Ensure The There's Always Lots Of Cheap Crack Available.
brett_jv
(1,245 posts)I wouldn't make the case for crack since it's SO damaging to the brain and body, but an opiate addiction is mostly problematic because opiates are so expensive (low supply/high demand) and illegal (w/o script).
If people could legally go buy oxycontin 80mgs for the like $1 that they cost to produce and distribute (with profit left over for the retailer), then having that addiction would actually not be much of a problem.
So ... I guess the question is ... is oil more like crack, or more like oxy?
Warren DeMontague
(80,708 posts)So, do the math.
brett_jv
(1,245 posts)I'm inclined to agree
AverageJoe90
(10,745 posts)WI_DEM
(33,497 posts)busterbrown
(8,515 posts)Im calling my reps. in congress right now. Its outrageous that they always seem to lead from behind when this shit continually comes up. Sherman, Fienstein, Boxer,? Youre getting a call right now!!!
yellowcanine
(35,699 posts)Still way cheaper than most of the rest of the world. Stop complaining.
busterbrown
(8,515 posts)Maybe we should consider what you brought up.....Deregulation.....
Also sounds to me like you might be a very comfortable person. You know, what the hell?
Warren DeMontague
(80,708 posts)For instance, I have a seat on my bicycle that is VERY comfortable.
busterbrown
(8,515 posts)Does that surprise me?
Squinch
(50,935 posts)busterbrown
(8,515 posts)Maybe get an answer from P.R. dept. so we can at least say we are uncomfortable with a 40 cent increase!!
We know their answer will be bull shit. By the way what would you suggest, Squinch?
Squinch
(50,935 posts)even though Republicans were calling loudly for him to do something about the gas price spike before the election.
That is why I am asking what you would like Boxer to do.
busterbrown
(8,515 posts)who understand how the oil conglomerates are ripping us off, to get out front of this issue and begin
raising hell. They should be forced in front of Congress every time an extreme price increase hits the
pump..Start with the Senate and make the fucking repubs. in the house look stupid for not doing the
same. Scare these shits with terms like Nationalization and threaten them with huge fines. Just send the message that were not lying down any more.. and that they better watch their asses.....
And get the Blue Dogs out of office, one election at a time..... They are becoming the new Republicans
4Q2u2
(1,406 posts)Very few Commodities on the futures markets are traded at such small amounts, and are coveted by speculators. You will see a few of the old faces and names listed in the article.
http://www.dailyfinance.com/2011/03/04/high-oil-prices-regulate-speculators-spr/
Not1moreNeocon
(5 posts)The blame went to Bush, Cheney, big oil, and the Iraq war.
Three of those four are gone and yet from 2010 -013 gas prices have been nearly as high and that's in the dead of winter.
Given that, it would probably behoove both parties to shut up about gas prices.
Marthe48
(16,932 posts)AAA was quoted on local news that we were above national average. It's such a load of crap. If they need to change from winter to summer and back again, why don't they use some of their gazillion dollars and build some refineries that are only for summer, or only for winter, and stop ruining the ecomony with this price gouging nonsense. Better still, why won't the government pull oil subsidies and put it in renewables?
flamingdem
(39,312 posts)just to spite them
Left2Tackle
(64 posts)Special formulations which, for one, use a heavy amount of ethanol. Now that and farm subsidies are a whole other topic entirely.
"In 2001, John Cook, then the head of the petroleum division of the Department of Energy, called Chicago/Milwaukee an "island," along with California; you may recall that, over the years, Chicago often competes with different California cities for some of the nation's highest gas prices:
The result of this targeted approach to air quality has been to create gasoline market islands. The primary examples are California and the Chicago/Milwaukee areas, in which the required gasolines are unique, and only a limited number of refineries make the products. The inventories of gasoline used in these regions can be drawn down rapidly in response to unusually high demand or a supply problem at one of the few refineries producing the specialized products, or in one of the pipelines delivering the products. Prices for gasoline in these regions then surge. If other gasoline markets are not tight, the prices surges may be limited to the specialized gasoline regions, as we have seen historically in the case of California."
http://www.chicagomag.com/Chicago-Magazine/The-312/March-2012/Why-Gas-Is-So-Expensive-During-the-Summer-And-Especially-in-Chicago/
onenote
(42,684 posts)For the past several years, the price at the pump in California has started climbing in the final weeks of December into January. Like clockwork.
busterbrown
(8,515 posts)in the future.... Were just gonna have to get use to the fires, malfunctions, leaks and all the other bullshit that they come up with. Ill ask once again, How come we end up paying for their screw ups????
Myrina
(12,296 posts)... is the story the AP is feeding to all of the Gannett-owned online papers I've seen this morning.
I think the real reason is pretty plain: GREED.
TexasBushwhacker
(20,165 posts)davidpdx
(22,000 posts)Maybe some of the refineries in California are having problems as well. I know every time I go through the area above Concord I plug my nose it smells so bad.
TeamPooka
(24,218 posts)busterbrown
(8,515 posts)SmittynMo
(3,544 posts)I heard on the radio that the US is the top exporter in the world now. If that is the case, why aren't "WE" getting a break on gas prices? Issues and concerns at oil fields overseas should not affect this at all. So my take on this is we're getting screwed by our own country. WTH!!!
Sunlei
(22,651 posts)That's the price a state pays when private profit politicans get a grip on it..they drain your state funds, any federal funds they can grab and stiff the locals for every penny they can get.
DFW
(54,330 posts)In Germany, that is. Of course, the roads are in pretty good shape, too....
Loge23
(3,922 posts)So now the official excuse is refinery issues limiting supply.
Really? How many gas stations have you seen run out of fuel?
Any lines out there for fill-ups?
Let's face it, despite what our dinosaur friends from the right say, this is a hardly a socialist country when corporations like the oil industry can manipulate pricing at will.
A 10 cent raise in the gallon price? On average that will generate $1B in additional revenue over a one month period - 10 freakin cents.
Now clearly the entire billion isn't going to the top, but that's a lot of scratch either way you slice it.
This is based on last weeks average of approximately 8.5 million barrels of gas (not oil) x 42 gallons per barrel.
Yes, it's an environmental nightmare; yes, we should be developing mass transit; and yes, we need alternative sustainable fuel sources.
But the reality for most of us is gas if you want to get to work.
We're being flat-out ripped off.
RudynJack
(1,044 posts)that said we're switching to the "summer blend" which is more expensive.