Gas Prices Rise Again Overnight in California

Originally Posted by russian318is

we are around $1.50 per LITRE in aus and no cheaper for cash.

Last fill up we paid £1.48 per litre for premium unleaded.

That works out to about $9.13/gallon-US


Local prices dropped a few pence over the last few days though. Not sure exactly how much because the stations don't display the price for premium.

Just so everyone knows, the price of oil yesterday and today was in the 88.00 range. The last time oil was this price the cost of gas was closer to the 2.00 mark.

So why the bend over with no vasoline?.....well if no one is asking then they don't have to tell you

Originally Posted by Andrew*Debbie

Last fill up we paid £1.48 per litre for premium unleaded.

That works out to about $9.13/gallon-US


Local prices dropped a few pence over the last few days though. Not sure exactly how much because the stations don't display the price for premium.

Rip off if you ask me. That's like $144 to fill up an M3. Oh my.. Two fill ups is the same price of a round trip ticket to Hong Kong and back from Taiwan which is about 1000 miles round trip. If I were in England I would be using an electric scooter to get around town

Originally Posted by E39Freak

Filled up about 5 hours ago.....$4.97/gal for 91 octane in my neighborhood.

Damn lol time we come visit you and get gas! The gas station across from B's work was 5.99$ same as here in calabasas. Bleh!

Originally Posted by stylinexpat

That's like $144 to fill up an M3. Oh my..

We don't see many M3s around here.

If I were in England I would be using an electric scooter to get around town

I'm waiting for the i3. We drive about 40-50 miles a day and mostly on country roads. A car with a real 80+ mile range would work for us.

I think gas prices in my area dropped 10 cents last Friday to $3.60...

Update with better, more correct information.

Gov. Brown is allowing an early switch over to help reduce prices.


http://www.latimes.com/business/la-f...,7934574.story

Gov. Jerry Brown intervened in the unrelenting climb of gasoline prices by calling for the immediate release of a cheaper, but less environmentally friendly, blend of gasoline.

Brown directed the California Air Resources Board on Sunday to permit oil companies to start selling winter-blend gasoline, which evaporates more quickly in warm weather than the summer blend. Normally, winter blend isn't permitted to be released until Oct. 31.

Analysts attributed the sudden rise in gasoline prices in California to refinery and pipeline setbacks. The most immediate problem was the shutdown of the Exxon Mobil Corp. refinery in Torrance on Oct. 1 because of a power failure. It didn't resume production until Friday.

Also, a key refinery in Northern California was forced to reduce production in August after a major fire.

The refinery problems came while suppliers were selling the last of their summer-blend fuel in anticipation of the scheduled release of winter gasoline, which is cheaper to produce because it contains additives.

Originally Posted by 1Dreamer

Are you sure it didn't cost you more to drive to the small town and back than the amount you saved?

Positive. My Sunday errand had my 2 mins away from that gas station anyways. Decided while there that I should just fell her up.

Originally Posted by Andrew*Debbie

Probably a local refining or distribution problem. At the same time CA prices went up 20 cents, UK prices went down a few pence.

Isn't this about when some smog districts change their fuel requirements? I haven't lived in CA in years, but around now refineries used to shut down for a few days to change the formulation. Couple that with a pipeline break, a refinery fire, and a little market speculation . . .

California has a winter blend and summer blend of gas due to its emissions laws. The winter blend cannot be sold before Halloween.

A chevron refinery went down in August. It is back up now but they saw its a gas shortage.

A shell refinery lost power last Monday. It was restored to full operations on Friday.

Governor Brown declared a state of emergency or something and told refineries to immediately start using the winter blend.

Now I'm not that trusting of what Big Oil tells us. I wouldn't put it past them to be doing this due to the upcoming election.

Last time we paid under 5 USD/gallon here was like early 1990s or something.

Both diesel and petrol are around 15,5 SEK/litre here (that is equvalent to 9 USD/Gallon). But then the average Swede uses half of the quantity of oil that the average American use a year.

Originally Posted by The Swede

Last time we paid under 5 USD/gallon here was like early 1990s or something.

Both diesel and petrol are around 15,5 SEK/litre here (that is equvalent to 9 USD/Gallon). But then the average Swede uses half of the quantity of oil that the average American use a year.

Sweden is ranked 3rd (Gasoline) and 2nd (Diesel) in fuel taxes put forth by your government.
http://www.turkishpress.com/news.asp...0#.UHL2ZU1ZWSo

The USA tends to commute twice the distances to work as any other western country as well, thus the higher usage.

Originally Posted by Sportsdad

Sweden is ranked 3rd (Gasoline) and 2nd (Diesel) in fuel taxes put forth by your government.
http://www.turkishpress.com/news.asp...0#.UHL2ZU1ZWSo

The USA tends to commute twice the distances to work as any other western country as well, thus the higher usage.

I'm fully aware of that and accept it. Well 20-30 % lower prises would of course be nice since I both enjoy driving, own two boats and fly helicopter regulary. But on the other hand we get a lot for the fuel taxes we pay in terms of exellent public transportation, good roads, funds for research in alternative fuels (remember Sweden is to 100 % dependent on foreign oil) so we can lower our usage of oil etc.

And because the average Swede drive much less then the average American we don't have higher costs for comuting. I used to live in the US for a year and remember how totaly different culture that you have where living without a car just wasn't an alternative. So I understand the outrage over fuel prices that is taking place in the US at the moment.

Originally Posted by Sportsdad

The USA tends to commute twice the distances to work as any other western country as well, thus the higher usage.

In countries with $9/gallon fuel there is a large incentive to drive fuel efficient cars.

Maybe $5/gallon fuel will help Dodge sell a few more of these.


http://www.autoblog.com/2012/10/05/2...d-from-19-295/

Originally Posted by Andrew*Debbie

In countries with $9/gallon fuel there is a large incentive to drive fuel efficient cars.

Maybe $5/gallon fuel will help Dodge sell a few more of these.


http://www.autoblog.com/2012/10/05/2...d-from-19-295/

Absolutely, self-motivated incentive at those price$ !

I'll just leave it here...

Originally Posted by LegendaryItalia

Just so everyone knows, the price of oil yesterday and today was in the 88.00 range. The last time oil was this price the cost of gas was closer to the 2.00 mark.

So why the bend over with no vasoline?.....well if no one is asking then they don't have to tell you

Here's $88 of truth for you. Not a single facility in California refines West Texas Intermediate, so quoting that price doesn't mean a damned thing.

we've had ~4.50 for over year now here in Chicago, was close to 5 few weeks ago.

You reap what you sow. California has always had this NIMBY attitude about the energy industry from production to refining to distribution. Now that one domino falls, prices go up. The granola head solution to this problem is to blame business rather than look in the mirror.

(Sorry to go all "Poli-Sci" on you.)

Please confine political discussion to P.S. Thank you.

Originally Posted by Ajax

Here's $88 of truth for you. Not a single facility in California refines West Texas Intermediate, so quoting that price doesn't mean a damned thing.

Actually, it does mean a damned thing. The price/cost of the crudes that California refineries process is almost certainly based on the market price of WTI or Brent. That is just how the contracts are structured.

Originally Posted by 1Dreamer

Please confine political discussion to P.S. Thank you.

then perhaps this thread should move there

Originally Posted by BeemerMikeTX

Actually, it does mean a damned thing. The price/cost of the crudes that California refineries process is almost certainly based on the market price of WTI or Brent. That is just how the contracts are structured.

are you saying that Cali buys Oil @ ~$200+/barrel?

Originally Posted by johnnycakes

then perhaps this thread should move there.

No, we don't move threads because some people can't contain themselves. Feel free to start a new thread there though if you want to take the conversation there.

No CA requires the gas stations to sell "special" blends of gas that are only made in CA. So when there is a refinery fire or something else that shuts down a couple of refineries there is a supply shortage... and the prices shoot up.

Originally Posted by nightmareuki

are you saying that Cali buys Oil @ ~$200+/barrel?

Originally Posted by nightmareuki

are you saying that Cali buys Oil @ ~$200+/barrel?

No, I did not say that, did I? Every crude has its own individual price. WTI or Brent is just the starting point for making the adjustments under the contract to arrive at the final price. Most refineries process many different crudes from many locations, each with its individual price.