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re: OPEC+ to cut back 2mill barrels/day
Posted on 10/5/22 at 9:20 am to SDVTiger
Posted on 10/5/22 at 9:20 am to SDVTiger
quote:
It went from 5.30 to 6.89 in about a week here So are we hitting 10 a gallon in Cali?
I hear you. We had gotten back down to close to $5 from the highs and it just skyrocketed over the last two weeks. I filled up at an AMPM yesterday and it was $6.29 for premium. I’ve seen it higher at the Chevrons & Shells though.
1
Posted on 10/5/22 at 9:28 am to Figgy
California is restricting refiners out there. High taxes and limited supply from refiners is a disaster
Thankfully the Biden team is talking about making it impossible to export refined product to keep prices down. Problem is the Gulf Coast has a crap ton of capacity; just no means to get it to the West Coast. So their “solution” would only hurt.
Thankfully the Biden team is talking about making it impossible to export refined product to keep prices down. Problem is the Gulf Coast has a crap ton of capacity; just no means to get it to the West Coast. So their “solution” would only hurt.
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