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Gas Prices Soar in California, Despite National Decline

By: Beldin in 6TH POPE | Recommend this post (0)
Sun, 25 Sep 22 7:30 PM | 33 view(s)
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http://www.breitbart.com/economy/2022/09/25/gas-prices-soar-in-california-despite-national-decline/

By Joel B. Pollak
Breitbart
September 25, 2022

California drivers are paying about $2 per gallon of gasoline more than the national average price, with prices in the state soaring even as the national average has steadily declined from its record-high level in the spring.

Currently, according to the American Automobile Association, the national average price for regular gas is $3.71 per gallon. In California, it is a staggering $5.76 per gallon.

Generally, California drivers pay more because of state taxes and regulations. But that alone would not explain the fact that California prices have actually been rising in recent weeks, after falling along with those in the rest of the country.

Drivers in Southern California are mystified, according to local ABC affiliate KABC-7 in Los Angeles:

The average price [in Los Angeles County] has increased 44.3 cents over the past 22 days, according to figures from the AAA and Oil Price Information Service. It is 26.1 cents more than one week ago, 37.1 cents higher than one month ago, and $1.286 greater than one year ago.

The current streak of increases follows a run of 78 decreases in 80 days totaling $1.216. The average price is 77.3 cents less than the record high of $6.462 set June 14. ...

The national average price is $1.316 less than the record $5.016 set June 14.

The San Jose Mercury News recently attempted to explain:

[T]he widening gap between what everyone from San Jose to Los Angeles is paying compared to the rest of the country is due to the concentrated nature of California’s oil refineries, experts say. Due to the state’s special gas blend, California is often termed a “fuel island” because nearly all gas sold in the state is refined locally by a handful of companies, including Chevron, Marathon Petroleum and PBF Energy. That means mechanical hiccups at refineries can cause major price spikes not seen elsewhere in the country.

Tom Kloza, of the Oil Price Information Service, said the reduced flow of gas is likely due to refiners bringing equipment offline for maintenance. He said much of the oil industry deferred regularly scheduled maintenance in spring so they could continue reaping record profits during the energy price spike following the Russian invasion. ...

In a statement, the California Energy Commission said state refineries are seeing “temporary” production issues that, coupled with maintenance activity and “lower-than-normal gasoline inventories,” is driving the current price spike over the past four weeks.

Ah, so ... just like everything else, California manages to find a way to FUBAR everything because ... well, because they're ignorant libtards. California ... always trying to outdo Venezuela. 

The nationwide decline in gas prices reflects a global drop in the price of oil, on fears of recession. President Joe Biden, who blamed Russia’s invasion of Ukraine for the price spike, is now claiming credit for the decline, though the war is ongoing.




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