Godlike Productions - Conspiracy Forum
Users Online Now: 1,417 (Who's On?)Visitors Today: 583,224
Pageviews Today: 756,158Threads Today: 180Posts Today: 2,627
05:25 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

DOOM- ON!!! DIESEL OFFICIALLY HIT $6.00 in Cali... Watch nation come to screeching halt!

 
Anonymous Coward
User ID: 23922342
United States
10/05/2012 06:13 PM
Report Abusive Post
Report Copyright Violation
Re: DOOM- ON!!! DIESEL OFFICIALLY HIT $6.00 in Cali... Watch nation come to screeching halt!
[link to www.loves.com]
Anonymous Coward
User ID: 23011194
United States
10/05/2012 06:15 PM
Report Abusive Post
Report Copyright Violation
Re: DOOM- ON!!! DIESEL OFFICIALLY HIT $6.00 in Cali... Watch nation come to screeching halt!
Watch food prices skyrocket.
 Quoting: Desert Fox


Watch the price of EVERYTHING skyrocket.
 Quoting: Anonymous Coward 25002222


glad I had that new car battery installed today....
ArmchairObserver

User ID: 12411641
United States
10/05/2012 06:16 PM
Report Abusive Post
Report Copyright Violation
Re: DOOM- ON!!! DIESEL OFFICIALLY HIT $6.00 in Cali... Watch nation come to screeching halt!
Why don’t you people start reading. There is a series of refinery problems due to fire damage, limited supply, retooling form Summer to Winter blends etc. The problems should be resolved shortly but Kalifornia refuses to allow more refineries in the State, mandate ridiculous “blend” requirements (or they could just ship from other refineries), etc. When you walk a knifes edge on the supply / demand game sometimes you are going to get burned.

It stuns me that no one seems to understand where the energy they rely on for daily existence comes from or how it is produced/refined. Instead they sit around and bitch about its someone else’s fault. It’s not. Just look in the fucking mirror for the problem.

BTW diesel is high this time of year due to retooling for the production of winter heating oil.

“It's a combination of low inventories and multiple California refinery problems,"
“The problem is likely a short-term one according to some as the temporary shutdown of local refineries (after Chevron's Richmond refinery fire) and maintenance is completed…”

[link to www.zerohedge.com]

[link to www.zerohedge.com]


rant
 Quoting: Geochemist 24490123



Brilliant post, must say. Good point about the heating oil. Forgot the winter bump. Honestly if the prices do skyrocket, it'll be because people will be panicking over what is essentially nothing earth ending. The one thing I do think should be pointed out is that the major oil companies have also been divesting their refineries within the US so it's not all Cali's own fault. I think it was ConocoPhillips that announced that they were going to begin divesting their refineries in 2010 to focus on upstream and restructuring the rest in a second new company. They weren't the only one selling and spinning off these type of assets if I recall correctly. It was a theme song in the 10ks for oil in 2009-10. Also, BP was leaving California entirely but to focus on refining crude relating to Alberta Tar Sands. The knife's edge is a convenient line to run on in term's of profitability.

And to be fair, last time I was down in Bakersfield, the smog was something fierce. Brown air IS really nasty.
 Quoting: Observer 12411641



Nothing and I mean NOTHING you have mentioned can account for the sudden increase. Using the premise that people suddenly freak out and start filling up garbage cans to hoard fuel... The result SHOULD be... a sudden shortage. Prices going up should be days behind.

And current OIL PRICES have NOTHING to do with current gas prices... (using the laws of supply and demand) It's the only business I can think of where the price can go up to "adjust" for a possible spike months ahead.
 Quoting: Anonymous Coward 1275523


Never talked about current oil prices. Talked about ye olde supply and demand for gasoline at the retail level. As supply declines (and panic at the pumps will do that) and demand increases, prices will increase. Hence why I say try to avoid panicking as much as you can.

You obviously haven't seen my posts on one of the other threads pertaining to this. I've seen this kind of price spike before but back in the early 2000's, it was independents and jobbers with a 25 cent price spike. Oddly enough, just two weeks before, there was a meeting within a major oil company in the area that also had a map with a big circle on it, discussing their plans of making every station in the area company owned. Run a search on Ron Wyden and oil companies for a general picture. Toss in redlining into the search string if you want to see what they did in the past that was pretty darn similar to what is going on in Cali today.

Basically, I'm agreeing with you, too. Hence why I chimed in to also note the selling off of refineries in the US. That keeps things very lean and it's not just in Cali that they are doing it.
AO
ArmchairObserver

User ID: 12411641
United States
10/05/2012 06:28 PM
Report Abusive Post
Report Copyright Violation
Re: DOOM- ON!!! DIESEL OFFICIALLY HIT $6.00 in Cali... Watch nation come to screeching halt!
Here, I'll save you some search time:

Deja vu?

[link to articles.latimes.com]

Note to self, should I ever meet Wyden, must suggest use of proper paragraphing to avoid monster blocks of text:

[link to www.wyden.senate.gov]

[link to www.bendbugle.com]

Kind of similar, eh?
AO
Desert FoxModerator
Forum Moderator

User ID: 8786935
United States
10/05/2012 06:31 PM

Report Abusive Post
Report Copyright Violation
Re: DOOM- ON!!! DIESEL OFFICIALLY HIT $6.00 in Cali... Watch nation come to screeching halt!
It's the EPA's fault, not price gouging.

Check out "summer gas" and you'll see.
 Quoting: Herman The Kid


Bingo!!!!!!!!!!!
TOMABANEFOX
davvi
Happy Halloween!

User ID: 3677166
United States
10/05/2012 06:34 PM

Report Abusive Post
Report Copyright Violation
Re: DOOM- ON!!! DIESEL OFFICIALLY HIT $6.00 in Cali... Watch nation come to screeching halt!
does this idiot in the white house really think 2/10th of a percentage point downturn in unemployment will cover this?

man oh man prices of everything will skyrocket right around election day.
A Jewish mother dreams that her son will grow up to be a doctor or, if retarded, a lawyer." --Jackie Mason

I never give RED karma, only GREEN for great posters. If you give me red or green please leave your name, I like to say thank you...

"I knew I was an unwanted baby when my bath toys were a toaster and a radio." --Joan Rivers

"When the law no longer protects you from the corrupt, but protects the corrupt from you - you know your nation is doomed." --Ayn Rand

Goodbye sweet friend, we miss you.

"White Democrats sold away tomorrow for their own power today."
Desert FoxModerator
Forum Moderator

User ID: 8786935
United States
10/05/2012 07:19 PM

Report Abusive Post
Report Copyright Violation
Re: DOOM- ON!!! DIESEL OFFICIALLY HIT $6.00 in Cali... Watch nation come to screeching halt!
does this idiot in the white house really think 2/10th of a percentage point downturn in unemployment will cover this?

man oh man prices of everything will skyrocket right around election day.
 Quoting: davvi


ohyeah The unemployment numbers are being fabricated so much that they are meaningless.

Last Edited by Desert Fox on 10/05/2012 07:20 PM
TOMABANEFOX
UNIT21

User ID: 1267719
United States
10/05/2012 09:26 PM
Report Abusive Post
Report Copyright Violation
Re: DOOM- ON!!! DIESEL OFFICIALLY HIT $6.00 in Cali... Watch nation come to screeching halt!
it might be time for the California Attorney General
to start putting some executives of gasoline distributing
companies in jail for price gouging.
 Quoting: dr.einstein


well i guess if cali allowed drilling off their coast , and on land for oil. The oil wouldn't have to be transported so far .Then refined at one of their very few places to make gas.


just saying...
UNIT21

User ID: 1267719
United States
10/05/2012 09:27 PM
Report Abusive Post
Report Copyright Violation
Re: DOOM- ON!!! DIESEL OFFICIALLY HIT $6.00 in Cali... Watch nation come to screeching halt!
Im surprised cali gas isn't 20 dollars a gallon.
Anonymous Coward
User ID: 24954425
United States
10/06/2012 07:17 AM
Report Abusive Post
Report Copyright Violation
Re: DOOM- ON!!! DIESEL OFFICIALLY HIT $6.00 in Cali... Watch nation come to screeching halt!
GOOD.

Maybe FINALLY America can pay for what it's doing to the rest of the world.
 Quoting: Anonymous Coward 20610884


Umm no dickbag most of the stations being called mom and pop are more like hakim and aisha , swine that don't pay taxes and deserve to be shit out of our country. go home you garbage
so this is hilarious watching these parasites get punched in the wallet

News