gas price thread

Dang, I'm dealing with the 3 1/2 range. So it was $3.59, went to $3.69, dropped to $3.63 then back to $2.69, at last fell to $3.55. That's what I paid on successive trips to the gas station every few days for I guess 3 weeks. It can be had under $3 in California?
 
$2.79, but i think this is the end of low gas prices because the hysteria over the crude storage and other factors that distorted the forward market are now old hat and discounted as just hysteria now and the inventory numbers on wednesday indicate there is much less crude than expected which put a floor under WTI.
 
"Oil slides after big U.S. gasoline build offsets crude draw"
http://finance.yahoo.com/news/oil-prices-edge-stronger-demand-052241146.html

... here's something ya don't see EVery day maybe:
mapclose_2013_14.jpg


Lotta real estate covered by storage tanks. In the same way, local Blah Blahs (Loblaws grocery store) has a large parking lot w/lots of "free parking" (land taxes built into selling prices I would assume). They already discount their check out bills if buyers don't take plastic bags... Hey Loblaws! How `bout a discount if my trike doesn't take up any parking space? (Usually take up "best" spot, on covered sidewalk just outside store entrance.)
 
http://touch.latimes.com/#section/-1/article/p2p-83975051/ :twisted:

Gasoline prices could reach an average of $4 a gallon in the Southland as early as this weekend because of a shortage in oil and other components used in refining California's blend of gas, according to the Automobile Club of Southern California.
The pump price for a gallon of unleaded gas in the greater Los Angeles area spiked about 12 cents by Friday, bringing the average price to $3.66, the Auto Club said. The statewide average rose 6 cents a gallon to about $3.50.
On Friday, some Chevron stations in Orange County already had topped $4 a gallon.
"It's happening," said Marie Montgomery, an Auto Club spokeswoman. "It does look like the average price may go over $4."
Montgomery attributed the rise to a 12-month low in supplies of California's unique blend of gas. She said there was a lack of the ingredients used in the blend.
Patrick DeHaan, a senior petroleum analyst at Gas Buddy, said California had become unattractive to foreign suppliers because prices had been dropping for months.
The U.S. Energy Information Administration reported that the industry had to use 1.1 million barrels of already refined gasoline from its supply. About a third of those barrels affected Southern California.
"We have no gasoline as of Monday heading for the California coast," DeHaan said. "It's a dire situation."
DeHaan said the average gas price is likely to rise as much as 50 cents before peaking over the next week. Then shipments from foreign suppliers are likely to pick up and ease the crunch.
The troubles with supply exacerbated problems with refineries, though the rising gas prices have for months led to finger-pointing.
Some have accused oil companies of manipulating prices. The industry blamed an explosion and a strike at two refineries. Academics said the unique way that California gets and sells gas is the cause.
 
West Coast skyrocketed.
http://www.aol.com/article/2015/07/10/gas-prices-expected-to-spike-in-southern-california-next-week/21207920/
sd_gas.gif
 
california gas. the explosion at the torrance refinery has left the california gas components in shortage. components which have to be imported so california gas is now being shipped in from korea and other pacific rim sources so the price has escalated until they can find enuff sources in the US for the components of california gas.

there are no pipelines across the rockies so it isolates the california market from the sources in the remainder of the country.

gas comes to oregon down a pipeline from seattle refineries so we drive on a different gas formulation.
 
I had my second late night just in the nick of time gas purchase; the next morning it was up 26 cents a gallon. the station I buy at is up, I dare say it WAS up 70 cents a gallon, maybe I should look before calling it that now.
 
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