PSA: Gas shortage in CA spikes prices...

[CycloWizard]

So price fixing is OK as long as the product is a luxury?

Never mind anyone who lives in a rural area where driving is the only realistic option to get to work.

The price of any good should be set as high as you are willing to pay. In practice, price is limited by the large number of gasoline refiners and vendors. Since you're still willing to pay, I don't see a problem. If someone chose to live in a rural area, then they chose to live with the consequences of that decision. Why is it the fault of an engineer at Valero that some guy decided to drive a monster truck while living 100 miles from anywhere? It's sickening to see the extent of entitlement which is felt by people in the US who have no idea about the pains taken to produce the product they demand for virtually nothing.

 

[kranky]

Maybe this will see the end for "ego-mobiles" in CA, you won't be able to give away an SUV. To be fair "ego-mobiles" exist all over, not just in cally..

The only people who move to a more efficient car will be the ones who are already hurting financially @ $4/gallon. People who are driving ego-mobiles are not going to downsize until the financial pain is too great to keep it, because giving up the ego-mobile would hurt their ego.

 

[Tommy2000GT]

$.50 increase per gallon means $5-$10 more per fill up. If you can't afford that little increase then you are too poor to own a car in the first place.

 

[highland145]

$.50 increase per gallon means $5-$10 more per fill up. If you can't afford that little increase then you are too poor to own a car in the first place.

Well, you do have 5 of them.

 

[dmcowen674]

Gasmageddon to continue

10-5-2012

http://finance.yahoo.com/news/gasoline-prices-set-rise-election-184933087.html

Gasoline Prices Set to Rise Through Election Day



Retail gasoline prices, already at the highest levels on average since July 2008, are likely to continue to climb this month as refinery and pipeline problems overshadow weakness in U.S. consumer demand.


On Wednesday night, a fire broke out at Exxon's (XOM) Baytown, Texas refinery, a 584,000 barrel per day facility that is the largest operating refinery in the U.S.

Historically weak demand is the main theme for gasoline prices at the end of the year. The final three months of the year are the lowest for gasoline demand and prices come off, says CNBC contributor and trader Anthony Grisanti of GRZ Energy. "But we could be paying the highest gasoline price for the fourth quarter than we've ever paid before."

 

[dr150]

I have a diesel, so meh.

Btw, 75% of cars in Europe are diesel.

It's high time that the USA get with the program.
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FWIW....http://www.gasbuddy.com is your friend to find cheaper gas station alternatives....

 

[HardcoreRobot]

its like when they blame electricity outages on texas for not selling them enough power.

drop the regulations, build your own refineries, build your own power plants. why put yourself in a position of dependence, then blame someone else? granola for brains.

 

[Anonemous]

http://bottomline.nbcnews.com/_news...-prices-jump-17-cents-a-gallon-overnight?lite

 

[Yreka]

I have a diesel, so meh.

Btw, 75% of cars in Europe are diesel.

It's high time that the USA get with the program.
.
.
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FWIW....http://www.gasbuddy.com is your friend to find cheaper gas station alternatives....

I have one too.. Problem is Diesel here costs more than premium unleaded

 

[djnsmith7]

This is starting to get real ugly here. Friend of mine gassed up last night at $4.63 / gal. Looks like the avg. could hit $5 / gal. any day now. This is at the cheap spots.

 

[zerocool84]

Premium near me was $4.99 which sucks because I have to fill up today, nearing empty.

 

[AMDZen]

YARNTLIC?

Yep

 

[Brovane]

Interesting. I will have to see what the Costco near me is charging.

 

[Ns1]

Interesting. I will have to see what the Costco near me is charging.

A few OC costco's started closing yesterday. good luck.


Using red line for the next few days/weeks and staying as local as possible.

 

[zerocool84]

Interesting. I will have to see what the Costco near me is charging.

I wouldn't even want to go to Costco gas on a Saturday to fill up, especially at a time like this. The lines will be crazy.

 

[Ns1]

Oh yeah, as of yesterday morning the lines for Costco gas were like the lines for InO - long as shit and backing up traffic on the street.

 

[OverVolt]

http://www.eia.gov/dnav/pet/pet_cons_refmg_d_nus_VTR_mgalpd_m.htm

Uhhhhh.... click around the history charts. It matches what I see IRL, people avoiding cars that use premium grade like the plague.

http://www.eia.gov/pub/oil_gas/petr...troleum_status_report/current/pdf/figure2.pdf

Look at PADD 5 as posted earlier. So its an aftershock that took time to ripple through? From May. None of the other charts bonk the X-axis

http://www.eia.gov/pub/oil_gas/petr...ns/prime_supplier_report/current/pdf/c007.pdf

On page 2. I'm not sure why there is a discrepancy between prime dealers/end users. I guess because the exports aren't counted? I dunno. I know for awhile we were actually exporting gasoline.

http://content.usatoday.com/communi...soline-than-imported-last-year/1#.UG8-nZjA-Lo

 

[HopJokey]

Hmmm, hopefully the spike is temporary as Crude Oil prices have been getting crushed lately.

 

[AznAnarchy99]

Aw man, I knew I should've filled up yesterday.

I did the same thing. I was like, oh I can still get another day's of commute with my tank... Then Boom up to $4.20 from $3.90.

 

[AznAnarchy99]

I wouldn't even want to go to Costco gas on a Saturday to fill up, especially at a time like this. The lines will be crazy.

I went yesterday. $4.17 for regular. I also went at around 9pm when they were about to close and the long was long as fuck.

 

[shopbruin]

Damn. I guess I have to see if I can cram into BART instead.

Giants play on Sunday too. You're lucky the A's are out of town in Detroit this weekend.

 

[zinfamous]

Damn. I guess I have to see if I can cram into BART instead.

yeah, don't drive in. bart is running longer, more frequent trains.

 

[goog40]

I filled up at Arco for $4.19/gallon (regular) Wednesday night. Same station jumped up to 4.43 yesterday and 4.69 today.

 

[Brovane]

 

[Brovane]

A few OC costco's started closing yesterday. good luck.


Using red line for the next few days/weeks and staying as local as possible.

I got gas for the next several days. If needed I can go someplace else. Not a big incovenience. If needed I can get gas at regular gas station.