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How much is gasoline at the pump where you live? (current week cheapest you have   The Consumer You: Marketplace

Started 4/12/21 by $1,661.87 in cats (ROCKETMAN_S); 7657 views.
Showtalk
Host

From: Showtalk 

4/16/21

You are right,

Probably the high end are in California, where they have to produce a special blend that is found nowhere else, and thus is much more expensive.

Low end is probably in some areas very close to refineries but with a lower cost of living than oil boom areas.

Showtalk said:

Votes show it’s over $4 a gallon somewhere. I found this https://www.investmentwatchblog.com/gasoline-prices-in-california-approaching-4-per-gallon/

Probably headed for 5 a gallon soon.

In other news, people are packing up and fleeing California - at least those who can afford to, and have opportunities elsewhere. So it is leaving behind the most destitute and more dependent class as the "brain drain" and "wealth drain" picks up steam.

Showtalk
Host

From: Showtalk 

4/19/21

That’s what I’m finding when I search on gas prices.  Does the California blend do anything helpful? If so, why don’t other states adopt it?

Showtalk said:

Does the California blend do anything helpful? If so, why don’t other states adopt it?

It is only helpful to the politicians. And since it has been a one party rule state for the past few decades, it's unlikely to change, and as more people abandon the state, it will just leave behind those who really think somehow their blend is speshul.

Other states haven't adopted it because it is more of a virtue signaling than any real benefit.

Showtalk
Host

From: Showtalk 

4/23/21

They claim it reduces smog and pollution.

Kathy (katbad)

From: Kathy (katbad) 

4/26/21

look to Texas and to OPEC for this one instead of reflexive venting about blue states you don't like. Greg Abbott & Texas 'I don't want no fed'rul regulation' resulted in the disastrous consequence of the freeze that cut off power and caused water shortages across the states. Abbott tried to deflect to other issues, but he is responsible and did a poor job handling the crisis. The shutdown of power plants affects gas prices throughout the country and even more in states like Minnesota 

Showtalk
Host

From: Showtalk 

4/26/21

California also had many regulations against refineries so they can’t produce gasoline in quantities needed which drives prices even higher. They are over $4 a gallon in major cities.

WALTER784

From: WALTER784 

4/27/21

Kathy (katbad) said...

look to Texas and to OPEC for this one instead of reflexive venting about blue states you don't like. Greg Abbott & Texas 'I don't want no fed'rul regulation' resulted in the disastrous consequence of the freeze that cut off power and caused water shortages across the states. Abbott tried to deflect to other issues, but he is responsible and did a poor job handling the crisis. The shutdown of power plants affects gas prices throughout the country and even more in states like Minnesota 

Nice try, but Abbot and Texas have nothing to do with OPEC!

The US exported more petroleum in 2020 than it imported. Mainly because the US used it's domestically produced oil which is cheaper than imported oil. Thus when fracking stopped, and local oil production dropped, the US had to purchase more oil from overseas.

The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and as of April 2021 it includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates.

https://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/

The Texas freeze did not change OPEC's prices. OPEC sets their own prices on the world market without any consent from either Abbot or Texas.

Also, look at this for the real reason:

EIA forecasts the U.S. will import more petroleum than it exports in 2021 and 2022

This too has absolutely nothing to do with either Abbott or Texas either. It's because the Biden administration stopped fracking and forced our dependence on foreign oil and thus the prices we pay are not due to any local State, but due to overseas OPEC price settings.

If we continued fracking and mainly depended upon our own local produced oil... then we would not even have to consider OPEC prices because we would be using domestically produced oil which is cheaper.

THAT is why prices are higher.

And absolutely nothing to do with >>>reflexive venting about blue states<<< as you so falsely claim.

Everything is more expensive in California... no reflexive venting what so ever... just facts! But yes... California is a blue state... however, however, it's economy it's also quite a bit in the red as well!

FWIW

 

Kathy (katbad)

From: Kathy (katbad) 

4/27/21

these aren't new regulations. California has always been a highly regulated and has consistently higher prices for that reason. Ditto Massachusetts. CA isn't the reason for the most recent price hikes

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