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(CBS Los Angeles 2)   Californians having trouble with reality thinking their gas prices are going to go back down   (losangeles.cbslocal.com) divider line 21
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4406 clicks; posted to Main » on 06 Oct 2012 at 3:53 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-10-06 04:07:29 AM  
6 votes:
idiot consumer : OMG gas prices going up!

scientists, economists, and other smart people : we should look in to energy alternatives, thus reducing demand of oil, which would ultimately reduce the cost of gas

idiot consumer : eff that communist bullshiat!! gimme cheap gas naow!!
2012-10-06 09:36:40 AM  
3 votes:

Nappy Imus: This^, but it seems like a broken record, unfortunately. Been hearing such since I was a kid, and that was a long time ago. I wish it wasn't so, but this is the truth, sadly.


I'm a child of the 70's. When did the environmental movement really get cooking? The 70's. I've been a tree-hugger since I was a kid. I have never seen any change in people's habits or attitudes that wasn't matched by two steps backwards toward even MORE consumption. So you recycle your plastic now.....OK good. And 3/4 of your recycling is the little plastic bottles of water that you simply must have. But you recycle!

/early morning rant. Leave me alone, or I might really get going.
2012-10-06 04:29:04 AM  
3 votes:

Fark Me To Tears: That's just f*cking ridiculous. I just paid $3.79 a gallon for mid-grade (89) here in Phoenix the other day.


California has all sorts of specialized regional blend requirements that make it illegal to bring in gasoline from (for example) Phoenix to relieve shortages (except incidentally, in your own car's fuel tank). Operating a refinery is itself very complicated (and dangerous), and requires significant planning and careful, deliberate effort to change production volume, blends, et cetera; there's no safe or economical way to meet sudden shortages in production (like one caused by a refinery going offline because of a fire). This is especially true when they're in the middle of switching blends; they can't just reverse and make more of the summer stuff.

So, any supply shocks in California can't be cushioned (in anything like the short term) by diverting supply from elsewhere, or by making more. So price goes up until demand matches supply.
2012-10-06 05:48:06 AM  
2 votes:

Hoopy Frood:

And only for poor people and the middle class until they all buy new cars. Which is like, what, a coupla weeks?


We will adapt. Nobody said change was easy.
2012-10-06 04:48:48 AM  
2 votes:
I am going to go out on a limb here. Oil companies would much prefer to see a republican in office. Oil companies can and do fix prices in areas regardless of commodity markets. "Lets steadily raise prices for the months leading up to the election and really jump them up the last month. Will the independents still think that things are getting better when they pay 5 bucks a gallon? Want to bet all the refinery problems go away let's say around Nov 4th or 5th?
2012-10-06 04:27:03 AM  
2 votes:

Gyrfalcon: Quasar: They went up 20 cents overnight. I'm sure this isn't just a gas industry money grab.

It has to be some kind of price manipulation. Even if there was a refinery fire, even with pipeline issues, unless the fire burned down the tank farms at Carson and Benicia (which I know for a fact they didn't) there is NO WAY there is suddenly no gas. It's not like all the gasoline is gone or the ability to make more has vanished. This is gougers taking advantage of a possible shortage that might somehow occur sometime in the future someday.


Most likely. I'm in NorCal, and 3 weeks ago prices were 4.17. I went out of town on a work trip for a week, and when I returned, they were 4.53. As of today, the same station is up to 4.75. I don't get it.

Fortunately, I live 5 minutes away from work, so I go through a tank of gas in about a month. I know there are people who drive an hour or more just to get to work, probably more during rush hour, but honestly, the extra time I don't spend seated in traffic as well as the gas costs are well worth the +200/month to live there. I like leaving at 5 and being able to pull a beer out of my own fridge at 5:15 assuming crappy traffic.

It's not the gas that confuses me, it's the time everyone is willing to spend getting to/from work that's completely wasted. Also, they have to pay for the gas.
ZAZ [TotalFark]
2012-10-06 02:29:10 PM  
1 votes:
OregonVet

For California the main body of the sign should be a Proposition 65 warning.
2012-10-06 01:27:10 PM  
1 votes:

beer4breakfast: snocone: beer4breakfast: snocone: The United States of America exports(sells at a PROFIT) more finished petrolium products that it consumes.

There simply is no such thing as "dependance on foreign oil".

The US imports ~10 million barrels of oil a day, a little under half of the total oil it uses. Just because some of the refined product can be sold and exported at a profit doesn't mean the US isn't dependent on foreign oil.

Bullchit!/big>b>

Link

Are you lying for a reason, or just misinformed?

I'm afraid you're the one who's misinformed. You posted a link with a list of US liquid exports. Are you trying to say because there's a small amount of crude exported that means the US doesn't import any crude oil?

From the same EIA source: "The United States relied on net imports (imports minus exports) for about 45% of the petroleum (crude oil and petroleum products) that we consumed in 2011."


I mean, we import oil to refine it and resell finished products. More than half of these products are exported.
Get it? If we did not export, we would not need imports.
But, Big Oil sells for PROFIT. Their PROFIT takes precidence over a realistic energy strategy that favors US citizens.

There is no dependance on foreign oil. There is PROFIT from importing more than we use and selling it, with all the lies.
2012-10-06 07:53:36 AM  
1 votes:

johncb76006: They got to pay the price if they want to live in paradise. Just as long as they stay there and don't move here where gas is $3.52 a gallon.


Moved out of SoCal 15 years ago. It had stopped being a paradise a decade before I was able to leave.
2012-10-06 07:48:02 AM  
1 votes:

Verzio: Fark Me To Tears: That's just f*cking ridiculous. I just paid $3.79 a gallon for mid-grade (89) here in Phoenix the other day.

California has all sorts of specialized regional blend requirements that make it illegal to bring in gasoline from (for example) Phoenix to relieve shortages (except incidentally, in your own car's fuel tank). Operating a refinery is itself very complicated (and dangerous), and requires significant planning and careful, deliberate effort to change production volume, blends, et cetera; there's no safe or economical way to meet sudden shortages in production (like one caused by a refinery going offline because of a fire). This is especially true when they're in the middle of switching blends; they can't just reverse and make more of the summer stuff.

So, any supply shocks in California can't be cushioned (in anything like the short term) by diverting supply from elsewhere, or by making more. So price goes up until demand matches supply.


Thank you - people flat out don't realize that it's illegal to use/pump gas in Cali that wasn't refined in Cali.

When I lived there in '99, it took a special act of the State Assembly to bring something like 50,000 gallons from
Nevada.

California gas, like everything about California, is, well, different.
2012-10-06 07:03:42 AM  
1 votes:

Free Radical: A barrel of oil is $89.03.
So how come gas is nearly 6 bucks a gallon in CA?

Let's speculate on the answer...


well. that would be 2.11 if you were buying crude.

But you have to refine the crude first. Which takes you from 42 gallons crude in, to 19 gallons of gasoline out, comes to $4.68 a gallon. Factor in refining and transportation costs and it makes sense.

If you forget that they still use and sell the other 23 gallons as other products, it almost seems reasonable.
2012-10-06 06:58:05 AM  
1 votes:

TheSwizz: fluffy2097:
We could fix internet congestion by making people pay a dollar a megabyte too.

I mean, it'd be hard for a while, but only in the short term.

I wasn't aware that bandwidth was a finite resource and once it was used it could never be replenished, which would cripple our world because we didn't have a backup plan in place.


We could also end world hunger by not sending food to people who are hungry.

/it will only be a rough few months as billions starve
//but then there will be enough land for your overpriced organic crap.
///Who knew all the worlds problems could be solved by just denying shiat to people
2012-10-06 06:37:11 AM  
1 votes:
A barrel of oil is $89.03.
So how come gas is nearly 6 bucks a gallon in CA?

Let's speculate on the answer...
2012-10-06 05:11:51 AM  
1 votes:

TheSwizz: Gas prices need to go up and stay up. And I'm talking $7-8/gallon, at least. And it needs to be an overnight shift, a gradual increase isn't as hard of a sting. It's the only way we're going to have an attention span long enough to truly focus on an alternate means of propulsion. Yes it will suck, but only in the short term.


We could fix internet congestion by making people pay a dollar a megabyte too.

I mean, it'd be hard for a while, but only in the short term.
2012-10-06 05:02:39 AM  
1 votes:
Gas prices need to go up and stay up. And I'm talking $7-8/gallon, at least. And it needs to be an overnight shift, a gradual increase isn't as hard of a sting. It's the only way we're going to have an attention span long enough to truly focus on an alternate means of propulsion. Yes it will suck, but only in the short term.
2012-10-06 04:16:38 AM  
1 votes:

Gyrfalcon: This is gougers taking advantage of a possible shortage that might somehow occur sometime in the future someday.


Congratulations! You've figured out how the commodities market works!

/The house always wins
2012-10-06 04:15:23 AM  
1 votes:
fark ethanol. Ruins 2 cycle engines.

Also loves to collect water, then watery ethanol mix separates out of the gasoline and sits at the bottom of your fuel tank, ready to either rust out your old tank, or ruin the engine of your new car.

/Never let ethanol blended fuel sit more then a couple months.
2012-10-06 04:13:09 AM  
1 votes:

Quasar: They went up 20 cents overnight. I'm sure this isn't just a gas industry money grab.


It has to be some kind of price manipulation. Even if there was a refinery fire, even with pipeline issues, unless the fire burned down the tank farms at Carson and Benicia (which I know for a fact they didn't) there is NO WAY there is suddenly no gas. It's not like all the gasoline is gone or the ability to make more has vanished. This is gougers taking advantage of a possible shortage that might somehow occur sometime in the future someday.
2012-10-05 10:04:47 PM  
1 votes:
Two refinery fires would tend to keep prices higher than normal.
2012-10-05 09:50:12 PM  
1 votes:
They went up 20 cents overnight. I'm sure this isn't just a gas industry money grab.
2012-10-05 09:17:31 PM  
1 votes:
Why would it be a surprise if a few people from Texas that play a fair-sized part in the oil industry decide just to screw with California just because?
 
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