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Message
re: Gas prices could reach $10-12 a gallon next year on the West Coast
Posted on 12/20/25 at 1:54 pm to RanchoLaPuerto
Posted on 12/20/25 at 1:54 pm to RanchoLaPuerto
quote:
Really? Then why are they importing gasoline?
Because California ships some gasoline out of the state.
It's a pretty dynamic market and the barrels flow where people buy. If someone needs barrels they don't always buy from the closest supplier.
If I set up my refinery in Washington or Japan to make a certain type of fuel I can probably make that fuel cheaper than refineries that had to convert. So I will sell into your market and undercut the price you can profit at. Or just make more profit at the price.
This post was edited on 12/20/25 at 2:00 pm
0
Posted on 12/20/25 at 2:28 pm to fightin tigers
CA refineries mostly operated on heavy high sulfur crude oil. CA crude is 18 API with 3.5 percent sulfur. Even small refineries had cokers. The one I looked at in 1992 had a residual hydrocracker as well. It is now in a laydown yard in Houston
Posted on 12/20/25 at 3:04 pm to TigerintheNO
Don't care just filled up for $2.04/gal..
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