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Re: Rising California gas prices expected to increase even more
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Too_Many_Tools
May 20, 2012, 9:52:49 PM5/20/12
to
On May 14, 12:53 pm, "Leroy N. Soetoro" <leroysoet...@usurper.org>
wrote:
> http://www.mercurynews.com/traffic/ci_20597244/rising-california-gas-
> prices-expected-increase-even-more
>
> If West Coast motorists were stunned last week when gas prices jumped as
> much as 16 cents a gallon at some stations, prepare for Stunner No. 2.
>
> Prices could rise an additional 20 cents in the next few days, as refinery
> problems continue to choke supplies for California's special blend of
> clean burning gas. On Thursday, many Bay Area stations saw jumps of
> several cents to a dime.
>
> "Prepare to get clobbered," said Patrick DeHaan, the senior petroleum
> analyst with GasBuddy.com.
>
> West Coast gas inventories are at their lowest level in 20 years, he said,
> and the blame is with production on the West Coast.
>
> "Refineries have been having a lousy spring with not just one massive
> facility outage," DeHaan said, "but smaller, more widespread issues."
>
> At midday Thursday, Rotten Robbie President Tom Robinson was stunned to
> find out that West Coast spot prices were 70 cents higher than on the New
> York Mercantile Exchange. The exchange handles billions of dollars worth
> of energy products and other commodities and is the basis for prices that
> people pay for various commodities like oil throughout the world.
>
> "Only a few weeks ago, we were lower than the Merc," Robinson said.
>
> "Because it is related to refiner problems, I don't believe the increases
> will last long, but they are currently very ugly."
>
> The California average was $4.23 a gallon Thursday, up more than a dime
> from the end of April. San Jose-area motorists were paying $4.23, San
> Francisco $4.30 and those around Oakland $4.22.
> Nationally, drivers are paying $3.74 a gallon, down 6 cents from last
> week.
>
> Bloomberg News reported that Phillips 66, Royal Dutch Shell and Tesoro
> have been performing work on units at three out of the five refineries in
> the Bay Area. And BP's Cherry Point refinery in Washington state also has
> been down, but could restart production early next week.
>
> But for some Bay Area motorists, the refinery issues weren't selling.
>
> "Even though we are talking about gas and oil, something smells fishy,"
> said Dave Wolf, of San Jose. "It would seem they could use some
> imagination and ingenuity and stagger their repair and maintenance over
> several weeks."
>
> DeHaan said there are no other refineries that produce California's type
> of gas and that no one else can help the West Coast.
>
> "I certainly don't think there's a reason to panic about this," he said.
> "There will still be gasoline.
>
> "This warning is to prepare yourself, or make plans, knowing that gasoline
> prices may jump a good amount soon."
>
> --
>
> Obama's black racist USAG appointee.
> Eric Holder, racist black United States Attorney General drops voter
> intimidation charges against the Black Panthers, "You are about to be
> ruled by the black man, cracker!"
>
> Eric Holder, prejudiced black United States Attorney General settles the
> hate crime debate, "Whites Not Protected by Hate Crime Laws."
>
> Nancy Pelosi, Democrat criminal, accessory before and after the fact, to
> former House Ways and Means Committee Chairman Charles B. Rangel of New
> York's million dollar tax evasion.
>
> Barack Obama and Eric Holder, committed treason by knowingly and
> deliberately arming enemies of the United States of America through
> Operation Fast and Furious. Complicit in the murder of Federal employees
> during the execution of their duties.
>
> --- Posted via news://freenews.netfront.net/ - Complaints to n...@netfront.net ---
LOL...and yet prices are dropping..and are expected to drop further.
Leroy is really getting slow.
And the prices are still below the highs we aid during Bush.
And why no bitching about gas prices when Bush was in office?
TMT
wrote:
> http://www.mercurynews.com/traffic/ci_20597244/rising-california-gas-
> prices-expected-increase-even-more
>
> If West Coast motorists were stunned last week when gas prices jumped as
> much as 16 cents a gallon at some stations, prepare for Stunner No. 2.
>
> Prices could rise an additional 20 cents in the next few days, as refinery
> problems continue to choke supplies for California's special blend of
> clean burning gas. On Thursday, many Bay Area stations saw jumps of
> several cents to a dime.
>
> "Prepare to get clobbered," said Patrick DeHaan, the senior petroleum
> analyst with GasBuddy.com.
>
> West Coast gas inventories are at their lowest level in 20 years, he said,
> and the blame is with production on the West Coast.
>
> "Refineries have been having a lousy spring with not just one massive
> facility outage," DeHaan said, "but smaller, more widespread issues."
>
> At midday Thursday, Rotten Robbie President Tom Robinson was stunned to
> find out that West Coast spot prices were 70 cents higher than on the New
> York Mercantile Exchange. The exchange handles billions of dollars worth
> of energy products and other commodities and is the basis for prices that
> people pay for various commodities like oil throughout the world.
>
> "Only a few weeks ago, we were lower than the Merc," Robinson said.
>
> "Because it is related to refiner problems, I don't believe the increases
> will last long, but they are currently very ugly."
>
> The California average was $4.23 a gallon Thursday, up more than a dime
> from the end of April. San Jose-area motorists were paying $4.23, San
> Francisco $4.30 and those around Oakland $4.22.
> Nationally, drivers are paying $3.74 a gallon, down 6 cents from last
> week.
>
> Bloomberg News reported that Phillips 66, Royal Dutch Shell and Tesoro
> have been performing work on units at three out of the five refineries in
> the Bay Area. And BP's Cherry Point refinery in Washington state also has
> been down, but could restart production early next week.
>
> But for some Bay Area motorists, the refinery issues weren't selling.
>
> "Even though we are talking about gas and oil, something smells fishy,"
> said Dave Wolf, of San Jose. "It would seem they could use some
> imagination and ingenuity and stagger their repair and maintenance over
> several weeks."
>
> DeHaan said there are no other refineries that produce California's type
> of gas and that no one else can help the West Coast.
>
> "I certainly don't think there's a reason to panic about this," he said.
> "There will still be gasoline.
>
> "This warning is to prepare yourself, or make plans, knowing that gasoline
> prices may jump a good amount soon."
>
> --
>
> Obama's black racist USAG appointee.
> Eric Holder, racist black United States Attorney General drops voter
> intimidation charges against the Black Panthers, "You are about to be
> ruled by the black man, cracker!"
>
> Eric Holder, prejudiced black United States Attorney General settles the
> hate crime debate, "Whites Not Protected by Hate Crime Laws."
>
> Nancy Pelosi, Democrat criminal, accessory before and after the fact, to
> former House Ways and Means Committee Chairman Charles B. Rangel of New
> York's million dollar tax evasion.
>
> Barack Obama and Eric Holder, committed treason by knowingly and
> deliberately arming enemies of the United States of America through
> Operation Fast and Furious. Complicit in the murder of Federal employees
> during the execution of their duties.
>
> --- Posted via news://freenews.netfront.net/ - Complaints to n...@netfront.net ---
LOL...and yet prices are dropping..and are expected to drop further.
Leroy is really getting slow.
And the prices are still below the highs we aid during Bush.
And why no bitching about gas prices when Bush was in office?
TMT
Harold Burton
May 20, 2012, 10:04:56 PM5/20/12
to
In article
<98810fc8-db7f-4b5b...@m24g2000yqh.googlegroups.com>,
Cite?
Knew you couldn't provide one.
snicker
<98810fc8-db7f-4b5b...@m24g2000yqh.googlegroups.com>,
Knew you couldn't provide one.
snicker
Too_Many_Tools
May 20, 2012, 10:25:19 PM5/20/12
to
On May 20, 9:04 pm, Harold Burton <hal.i.bur...@hotmail.com> wrote:
> In article
> <98810fc8-db7f-4b5b-bdb5-efdb98e9a...@m24g2000yqh.googlegroups.com>,
> snicker- Hide quoted text -
>
> - Show quoted text -
Why don't you do your homework before posting stupid posts?
That's right...I forgot again that you are a brain dead conservative.
Obamacare can help you with that.
When he is reelected, we can enter you in the dog brain transplant
program.
And oh look...your attempt to censor me failed.
Laugh..laugh..laugh..
TMT
> In article
> <98810fc8-db7f-4b5b-bdb5-efdb98e9a...@m24g2000yqh.googlegroups.com>,
>
> - Show quoted text -
Why don't you do your homework before posting stupid posts?
That's right...I forgot again that you are a brain dead conservative.
Obamacare can help you with that.
When he is reelected, we can enter you in the dog brain transplant
program.
And oh look...your attempt to censor me failed.
Laugh..laugh..laugh..
TMT
Robert Westergrom,1900 Harvey rd.,Wilmington,D.E
May 20, 2012, 10:54:34 PM5/20/12
to
>
> - Show quoted text -
HUH ?? Why no bitchin' from you when Obama DOUBLED the price of gas??
> - Show quoted text -
Robert Westergrom,1900 Harvey rd.,Wilmington,D.E
May 20, 2012, 10:55:26 PM5/20/12
to
>
> - Show quoted text -
HUH ?? When Obama eats dog he saves the brain?? HOODATHUNKIT ??
> - Show quoted text -
Too_Many_Tools
May 20, 2012, 11:25:04 PM5/20/12
to
On May 20, 9:55 pm, "Robert Westergrom,1900 Harvey rd.,Wilmington,D.E"
> HUH ?? When Obama eats dog he saves the brain?? HOODATHUNKIT ??- Hide quoted text -
TMT
>
> - Show quoted text -
He must..the conservatives always want the anus.
> - Show quoted text -
TMT
Too_Many_Tools
May 20, 2012, 11:23:57 PM5/20/12
to
On May 20, 9:54 pm, "Robert Westergrom,1900 Harvey rd.,Wilmington,D.E"
> HUH ?? Why no bitchin' from you when Obama DOUBLED the price of gas??- Hide quoted text -
companies that Republicans love?
Laugh..laugh..laugh..
TMT
>
> - Show quoted text -
LOL..so every time when you fill up do you bend over for the oil
> - Show quoted text -
companies that Republicans love?
Laugh..laugh..laugh..
TMT
Harold Burton
May 21, 2012, 8:00:26 AM5/21/12
to
In article
<a5fc8658-1b0c-4bf7...@v9g2000yqm.googlegroups.com>,
snicker
<a5fc8658-1b0c-4bf7...@v9g2000yqm.googlegroups.com>,
> Why don't you do your homework before posting stupid posts?
As I predicted, you can't back up your lies.
snicker
Paul Hovnanian P.E.
May 24, 2012, 9:32:19 AM5/24/12
to
some (West coast) markets.
Now, here's my complaint: As an investor, I buy gasoline futures. Or options
on futures contracts. And I profit when gas prices go up. But what I see
happening is futures prices going down, but wholesale prices going up. And
that's a sign of market manipulation. Someone is stepping in between my
trades and the final wholesale customer (the person who actually takes
delivery of the product) and taking some of my profit.
Unlike all of you, I'd like to see gas prices go up. But if they are going
up at the pump, that doesn't explain why the commodity contract prices are
going down.
Time for the CFTC to step in.
--
Paul Hovnanian mailto:Pa...@Hovnanian.com
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Life would be so much easier if we could just look at the source code.
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