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(SacBee)   In California, where gas now averages $2.10 a gallon, refinery per-gallon profit margins have doubled since January 1   ( divider line
    More: Obvious  
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7036 clicks; posted to Main » on 12 Mar 2003 at 12:24 PM (15 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

205 Comments     (+0 »)

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2003-03-12 12:11:14 PM  
Flamewar fueled by gasoline to start in
2003-03-12 12:11:53 PM  
You lost me at "In California"
2003-03-12 12:27:34 PM  
Considering the profit margins were near zero, doubling the margin isn't really much of an increase.
2003-03-12 12:27:36 PM  
Yeah, oil companies don't collude at all. What a bunch of crap!!
2003-03-12 12:27:48 PM  
It's time for hydrogen
2003-03-12 12:28:09 PM  
If only I could figure out a way to get rid of my gas guzzling Honda and replace it with something more fuel efficent and eco-friendly. I'm not Don Johnson, you know, I'm a working man.
2003-03-12 12:28:22 PM  
gawd $45 to fill up my explorer(osama-wagon) maybe its time to move to hybrids
2003-03-12 12:28:37 PM  
Republicans lick sweaty donkey balls.
2003-03-12 12:28:53 PM  
And gas is still cheaper than it was in 1981 ($2.90 -adjusted for inflation).
2003-03-12 12:29:03 PM  
You ain't seen nothin' yet... wait till the MOAB's start dropping in the desert...
2003-03-12 12:29:29 PM  
Californians can afford it. They are tough enough to drive SUV's to work two hours away from home every day.
2003-03-12 12:29:37 PM  
In Dallas I'm paying $1.66 now for regular.
2003-03-12 12:29:50 PM  
Good god - this stuff still gets under my skin. I'm going to start going everywhere via Camel.
2003-03-12 12:30:15 PM  
Oh yeah, but it's STILL G dub's fault.
2003-03-12 12:30:25 PM  

Coming this ABC

A nother
B ullsh*t
C omedy
2003-03-12 12:30:26 PM  
ShrubCo's plans for world domination have already begun!
2003-03-12 12:30:31 PM  
gas prices up? wierd, im paying always
2003-03-12 12:30:54 PM  
1/2 the cost or there abouts is tax.
2003-03-12 12:32:15 PM  
welcome to Dick Cheyneys America.

Does Halliburton have all the contracts to put out the oil fires in post war Iraq? convenient.
2003-03-12 12:32:18 PM  
Yeah, JerseyTim, I can see where you wouldn't be interested in life outside New Jersey, since everyone knows that Jersey, also known as "the Garden State" (bwa-hah-hah), is the center of the farking universe rather than a festering, contaminated shiathole or anything. Yeah, it's way better than California--that's why everybody wants to move from California to Jersey. Right.
2003-03-12 12:32:32 PM  
i paid $2.05/gallon ......yesterday (16th & X - AM/PM) hurt.....

well.........If they go any higher (read:$2.50) i am leaving the COUNTRY.....
2003-03-12 12:32:40 PM  

Someone already dropped a MOAB in the desert.

[image from too old to be available]

2003-03-12 12:33:00 PM  
If bike tubes and tires go up,I'm gonna be pissed. I go through a couple of sets a month.
2003-03-12 12:33:12 PM  
Unless this spike in gas prices will prevent Californians from reproducing (excluding Cali Farkers, of course) it's not news. I lived in Vegas for awhile, and I couldn't believe how much they hate Californians. They did love my 'Bahston' accent. In return, I loved their crap tables and blackjack games.
2003-03-12 12:33:17 PM  
$1.59 here. I can live with that
2003-03-12 12:33:19 PM  
And people keep saying that I'm stupidid.

Well, look who's rich now, plebes.
2003-03-12 12:33:52 PM  
Anybody else get the feeling this is why we're threatening a war? Just to scare gas prices up? Forget Iraq's oil; the threat of a war is enough to inflate oil prices.
2003-03-12 12:33:56 PM  
2.25 for regular in San Diego these days. It's almost worth driving to Los Angeles to fill up, where it's more like 2.05
2003-03-12 12:34:15 PM  
I'm paying $1.45 here in OKC. I'm not too worried about it...but that's a personal thing. I get paid mileage. HAHAHA. I make about a $6.00 on every gallon that I use. But, this still sucks.
2003-03-12 12:34:56 PM  
It amazes me how what we as a species have done in less than one hundred years (a pittance in geologic time).

We've taken what was once a virtually pristine environment and, single-handedly, are changing the atmosphere due to our thirst for oil, all within that miniscule time frame.

When the fark are people going to wake up and look beyond themselves to see what is going on? Realize our need for alternative fuels/modes of transport; realize our dependence on those who largely hate us.

Articles such as this *should* make people think about these things, but they don't.
2003-03-12 12:35:33 PM  
I meant "a $6.00 profit." Sorry.
2003-03-12 12:35:54 PM  
Just an FYI: california oil refineries are price-takers, not price-setters. OPEC has the most control over gas prices. Well, them and good ol' Dubya.
2003-03-12 12:36:08 PM  
This story is such crap!

The oil companies are gouging the hell out of the U.S. on *speculation* of war, YET, the U.N. has extended the period that Iraq has to disarm. Did I see any decrease in fuel prices yet? NO, in fact, the oil that was bought 3 months ago, to make the gas that I fill my truck with, was not affected by any of this.

2003-03-12 12:36:19 PM  
I have
2003-03-12 12:36:57 PM  
Don't mess with Texas.
2003-03-12 12:37:02 PM  
Lately I've taken to riding one of those American Gladiator huge gerbil balls to work. Saves money AND gets you laid.
2003-03-12 12:37:40 PM  
$1.48 here in Oklahoma City,

Last week I saw a few places down to $1.44
2003-03-12 12:37:55 PM  
03-12-03 12:30:15 PM M.C.PeePants
Oh yeah, but it's STILL G dub's fault.

I know you're being sarcastic, but there's some truth to that. The only reason California is required to put ethanol in its fuel (which is the alleged reason for the price spike) is because federal regulations require it for California. California begged for exemption from the regulations about 2 years ago, and showed that they could produce cleaner-burning fuel without ethanol and at a lower cost, but the Bush administration refused, under pressure from lobbyists from corn producers, mostly those from Archer-Daniels-Midland and ConAgra, since ethanol is big business for the corn belt. I don't have time to find a link right now, but Google it, and I'm sure you'll find plenty of stories about it.
2003-03-12 12:38:19 PM  
Speaking as a Californian, I don't drive an SUV and I CAN'T AFFORD THESE PRICES!

$2.10 for 87 Unleaded? Jesus H. Tapdancing Christ. 35 miles one way to work, car gets about 21mpg. I really don't have any alternatives right now. Can't quit job and move, don't have the money to buy a hybrid that gets supreamo better mileage. I just hope to oil companies start using some of that oil as lube, rather than the sandpaper they've been using to ream me with.

Yeah, I know. Boo-hoo for me.
2003-03-12 12:39:22 PM  
It's not about the oil, it's about the profits an 'oil shortage' generates.
2003-03-12 12:40:26 PM  
Since this thread will probably get to the topic of SUV's I have a question for anyone who owns one:

Is the mainenance on the underbody parts a killer? I once owned a used "luxury" sedan (when I was in college) that was heavier than the hatchbacks I usually drive. That thing went through tons of cracked axle boots, struts, etc. I was told this wasn't a problem with Tercels & Civics because they were lighter and didn't tear up their support structures when they hit bumps.

Is this still a problem for heavy vehicles, or has Detroit made improvements?
2003-03-12 12:40:42 PM  
Let's see...California has the highest gasoline taxes in the country. Wholsale gas prices go up nationwide. California gas prices go over $2/gallon. Idea -- cut some of those taxes! That'll lower gas prices and make commuting more affordable for the "less fortunate".

Then of course there is the whole issue of a company that takes investor money and turns a profit! Wow! For shame! What a horrible horrible system we have! People actually profitting from hard work, creativity, and resourcefulness.
2003-03-12 12:40:55 PM  
It bugs me that in San Jose, gas costs $2.20+. However I have a pretty gas efficient Altima and the price of a full tank fill-up used to be $21, now it's about $24. At least in Silicon Valley, that extra $3 is only 15 minutes of parking or an order of french fries at most non-fast food lunch restaurants.

My point is that the cost of living in Northern California is so inflated anyway, spending $3 (to me at least) isn't that big of an expense. To me, it's more of the principle of spending that much for gas than the actual hit on my bank account.
2003-03-12 12:41:00 PM  
Go to Europe and then complain about gas prices here in the U.S., that's some spensif a$$ shiat!
2003-03-12 12:42:17 PM  
Gas price history:
2003-03-12 12:42:35 PM  
Decker12, that's freedom fries.
2003-03-12 12:43:33 PM  
$2.21 seems to be the average here in SF at the moment. I've seen it as high as the $2.60 range depending on what street you happen to be driving down.
2003-03-12 12:43:59 PM  
It's Clinton's fault.

/trolling for mutated Chilean sea bass
2003-03-12 12:44:08 PM  
I think that oil isn't expensive enough, but then again, I ride a bike to work.

2003-03-12 12:44:43 PM  
Who needs terrorists when you have SUVs?
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