OCtoSV said:Do some homework. MK is 100% correct - see here for the war the industry is about to wage at the ballot box against the regulations that make operating a refinery over the long term in CA very commerically unattractive. If nothing changes gas will top $10/gal here in 5 yrs as refineries close up shop.CalBears96 said:Ready2Downsize said:CalBears96 said:Here we are again, moretroll posting shit without keeping in touch with what's actually going on.
It's been all over the news. At least six of California's 14 refineries had been taken offline in recent weeks for unplanned maintenance. I mentioned this several posts ago, but moretroll just chose to ignore it. California's gas price has NOTHING to do with oil supply. It has nothing to do with sales tax or regulations. It's due to greedy oil companies shutting down refineries to limit gas supply. HALF of the state's refineries shutting down almost at the same time.
They have to shut down to switch to winter blend. They do it every year and there is always a bump up in price but gas has been going up for longer than switching blends and the rapid rise in prices is not what we have gotten in previous years.
Nonetheless...... just like pot news today, gas prices going to come down before the election.
Except that's not what they were doing though. Like I said, "unplanned maintenance".
What does that have to do with the current jump in gas price? Why don't YOU do some homework? What happened to $300 oil price you claimed?