4 bucks a gallon…..

Motorists in California, the state with the most expensive gasoline, could see pump prices that begin with a 4 again as oil markets rally.

Gasoline, which is currently averaging $3.30 a gallon in California, may reach $4 by Memorial Day, the traditional start of the demand-heavy summer driving season, according to Patrick DeHaan, head of petroleum analysis at Boston-based GasBuddy, which monitors fuel prices across the U.S. It would be the first time the state has seen $4 gasoline since July 2014.

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11 Responses to 4 bucks a gallon…..

  1. anonymous says:

    Why again exactly are prices rising right now ? Locally, most gas stations are in the $2.50 a gallon for regular, rising from near $2.00 only two months ago. That is a rise of 20% and I’m not aware why that is, the Mideast isn’t in any more turmoil than six months ago.

    • Andrew says:

      Same reason everything else in California is expensive. Taxes. And they recently increased the gas tax.

      • Westcoastdeplorable says:

        Yes, Moonbeam signed the bill raising the price by 12 cents a gallon. Right now about the cheapest gas around here is $3.01, most stations are around $3.30. No rhyme or reason, just GREED!

        • crazyeighter says:

          I thought it was a “HonestNoShitSwearToGodThisTimeWe’reGoingToUseItToFixTheRoads” tax.

      • crazyeighter says:

        As did Tennessee, while sitting on a budget surplus.

    • Bacon says:

      “Why again exactly are prices rising right now ?”

      Aside from tax increases, here are the economics.
      1. Look at a chart of spot prices over the past year. The rise during the five months since labor day has been unusually steady. That lack of volatility in the spot market isn’t normal, it doesn’t happen by accident, it usually indicates producer driven pressure on prices.
      2. OPEC agreed to major cuts a year ago but it took them quite a while to implement those cuts, so we are seeing the results now.
      3. US production is near record levels but exports are also at record levels, which increases profits and reduces trade deficits, but also increases retail prices.
      4. Harvey reduced inventory over the past months. The resulting repairs and maintenance have added additional temporary costs to refinery output.
      5. Venezuelan exports have cratered, the lower supply increases prices.

      There are several other factors but the above are enough to answer the question. Expect a continued steady rise in prices through summer, with a small jump in March due to annual refinery maintenance.

  2. bogsidebunny says:

    The Cal-I-Fagians will blame it on Trump, of course.

  3. JeremyR says:

    State causes problem, blames President Trump. Progs playbook rule #987. Of course all rules end with blame the republican, but…

  4. al says:

    What a shame, gas prices so high they have to stay in California, unable to spread their Commy ideas! I mean a … can’t go see how us little people live..

  5. Kurt says:

    Zero fucks were given here in Texas. That’s a net increase of zero fucks about Kalifornia from Yesterday. Just in case anyone is keeping track.

    • Chet says:

      Yup, my oil check has been going up every month for several months now. I love that $100 per barrel crude oil, probably won’t see that again for awhile, total US production is going up each month. Shale oil and fracing you know. We now can export our crude oil to the highest paying buyer. San Antonio has the cheapest gasoline in the nation. Last week we filled up for $2.18 a gallon. But don’t come here to live unless you vote pure red-neck conservative all the way. SA is a blue hive and un-declared sanctuary city, it needs only Conservatives moving in now. Turn it around. I might live close enough to shop, but I wouldn’t ever liver there.

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