North Hollywood checking in --- $4.75/gallon at Arco for EC Regular Unleaded - $5.36/gallon EC Premium
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California Oil Price Madness
- Thread starter coolwater
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I am glad that I live in the United States of America where I can own my own gun, have Apple products release before everyone else, and wait for it cheaper gas. Thank you Murica. So proud to be American. lmao
Wow, that's even quite a bit compared to the SF area where things are still under or just around $4/gallon (even premium).
I'd welcome cheaper petrol, but I'd rather not live anywhere that guns are so readily available.
Pretty sure Apple products are released in a number of countries at launch these days btw.
We should complain. We discover and refine boatloads of oil.
That's ridiculous.
I will complain as we should. Just because you pay more means we shouldn't complain over here?
The prices are ridiculous when crude oil prices are near what they were when we were paying 1.75 around Christmas and now we are paying $1 more. Yes, we need to complain.
It is quite understandable, especially as large swaths of the US are almost entirely dependent on automobiles for daily life. But it is worth noting that many who live elsewhere often view the complaints with confusion or bemusement as they typically pay far more.
The whole system is rigged. Allowing speculators to drive up the price to pad their pockets. If they "buy a barrel of oil" they should receive said barrel.
Station near me changed their prices last Wednesday to 2.78. Thursday, they went down to 2.66. Friday, went back up to 2.78. I think someone had no idea what they were doing at that station.Here's an update with National Average comparison.
The rapid spike madness has stopped but the arm and leg gas prices are more likely to remain for long.
Sure do. I remember a time when I could get a full tank for $4 and have enough left over for a slurpee.
Then the oil crisis of the 70's hit and gas prices skyrocketed to $0.50 a gallon, but you could not buy any for love or money.
Hate to say it, but the graph in the OP is fairly accurate.... I live in San Diego, CA just about 100 miles south of Orange County, and gas here is around $4.20. And to the poster who remember $1 gallon.... I have you beat... I remember standing (yes standing) in the front seat of my dad's car as he filled the tank, for 23 cents a gallon (mid 60's)
65% apparently. Plus road tax (a further £170 per year), MOT certificate of road worthiness (£35), servicing (£100+) and of course insurance.
It's not so cheap to drive these days.
Could it be that the distributors have detached the supply vs demand dynamic from this resource? Are prices fixed in California?
The spike looks like a mainly SoCal thing:
Yeah, still around the 3.70's here in Sacramento.
That is a rather odd spike for this late in the summer. Travel season always brings about hikes to gas prices. Thanksgiving, Labor Day, Christmas and Summer all tend to generate more families driving about vacationing so prices go up so stations can max out profits. It's capitalism and around here (central TX) the price varies by a dime or so. That spike in the charts above is something different as its such a dramatic rise. Especially given that summer travel season is winding down as school gets closer. Any new taxes or fees coming on line in the fall in the affected areas??
My wild guess is there's a supply problem somewhere that mainly affects SoCal.
Two things recently in the news for SoCal are wildfires and flooding. I think there are some NorCal wildfires, but not as big as the ones in SoCal. Maybe a gasoline pipeline was affected, or even just a pipeline near a wildfire. Prices often jump on the expectation of limits in supply.
According to a consumer watchdog:
California oil refiners, who have made a political agreement to undermine state environmental laws through claims of high gasoline prices, have used every trick in their playbook to raise gasoline prices artificially this year. They exported unprecedented amounts of finished gasoline to dry up the market, took down an unprecedented number of refineries offline in spring/summer drive time, and have propped up prices through manipulation of their price leverage at branded stations by 30 to 40 cents.
Weird that it's only affecting the southern part of the state.
And who is this watchdog? Source URL for your quote?
Yeah bro, like £1.16 a litre where I am. How do your prices look?
Even crazier to think how cheap it is over in the States when you consider the gas-guzzlers that they drive. I was shocked when I heard that 20mpg is considered to be great fuel economy in the US. Mind you, that's what you get when every Fisher Price car comes with a V8.