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CALIFORNIA'S GAS PRICES HAS JUMP-UP

By: Syndie send a private message
San Francisco : CA : USA | 9 months ago  
Views: 44

SAN FRANCISCO, CA--Here we go again: Gas prices are going up, while the price of crude-oil, gasoline's raw material, has not moved up in several weeks, according to the AAA auto club.

The big question is why, and their excuse is: That there is a big drop in fuel production. California's supply is twenty-seven percent lower then that they were at this time last year, according to the California Energy Commission. The refineries are producing six percent less gasoline for sale. Still the big question is, Why?

Is it because they noticed that their "big profits" were disappearing and to increase their profits, they had to do something. Many of the rerefineries cut back to increase their profits, so it seems. California refineries are using the excuse that they are switching blends of gas from winter to summer, which decreases their production(???).

Sounds good for an excuse to increase their profits, but could someone really tell the public why, for no reason, gas prices have started to jump about fourteen cents a month in the last two months?

Could it be summer is only five months away and gas prices must go up so that the gas companies can make "big profits" off of the tourist that will visit the state?

What is you opinion the real reason is?

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News Stories
 
  • News Source: Atlanta Journal-Constitution | 9 months ago
    Two-dollar-a-gallon gas could be back soon if current trends hold. The average gas price in metro Atlanta jumped 14 cents a gallon in the past week and 20 cents in the past month — despite relatively low crude oil prices. Saturday’s average was $...
  • News Source: Androscoggin News | 9 months ago
    Gas prices hit a new high for 2009, while at the same time, the price of crude oil hit a new low for the year. This has several WBZ viewers Curious , like Gordon from Sharon: "When gas prices were at $4, we were told it was because of high crude...
  • News Source: Kansas City Star | 9 months ago
    After cutting back on the amount of gasoline we consume because of higher prices, we're apparently going back to our old ways. The Energy Information Administration in its weekly report released today said that the amount of gasoline supplied, which...
  • News Source: Bakersfield Californian | 9 months ago
    Sure, this awkward amalgam of three small refineries is landlocked and has no proprietary access to the crude oil it needs to run...But it can produce up to 2 percent of the state's gasoline and 6 percent of its diesel. What's more, it has been...
  • News Source: The Plain Dealer | 9 months ago
    Gasoline prices are creeping back toward $2, thanks to refinery slowdowns and a slight uptick in demand. The average pump price today in the Cleveland-Akron metropolitan area is $1.95, says GasBuddy, the Internet-based price monitor that relies on...
  • News Source: Contra Costa Times | 9 months ago
    Crude oil is another matter, according to Nesterak. "Because the economy is faltering globally, low global demand is keeping crude oil prices down...It is true that production of gasoline in California dropped, at least at the end of January.
Blogs
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  • Blog Source: www.mydesert.com
    ``It's a bit discouraging for motorists because oil prices are still trading at very low levels, but the reality is that California refinery output is a greater factor in local pump prices than oil (prices), and some refinery issues have kept our
  • Blog Source: www.mydesert.com
    "Prices do normally rise during this time of year in California as refineries prepare to switch over to producing California's summer blend of gasoline that is mandated by air quality requirements," agency spokesman Jeff Spring said. ...
  • Blog Source: www.thelibertypapers.org
    I do know that gasoline is actually somewhat perishable and can’t sit forever so when over inventoried prices drop temporarily becuase inventory must be moved. Also I heard a story that some refinery operations are down for scheduled maintainance,
  • Blog Source: www.ogfj.com
    California calls for 20%, other states can range downward to 10%. In May 2008 the US Department of Energy released a significant report entitled: “20% Wind Energy by 2030”, which outlined the potential for wind energy to supply at least 20% of ...
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