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Message Subject DOOM- ON!!! DIESEL OFFICIALLY HIT $6.00 in Cali... Watch nation come to screeching halt!
Poster Handle Anonymous Coward
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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


You sound like you might be well read, but you don't understand business very well, do you? If I own a department store I need to make a profit but I can't ask for so much that I drive people away UNLESS I have something that people CANNOT LIVE WITHOUT. So...as a gas company, they'r bragging and letting everybody know they're doing EXTREMELY well. In the hundreds of billions in profits. As a department store owner if I want to expand my store or retile the bathrooms or paint the exterior or a move to a new and bigger location, I can't raise the prices drastically on all my merchandise to do that. Like I said, I'll drive away customers. So, I have to be business smart and look at the profits I've made and saved over time. Just like the gas companies. They've made hundreds of billions. So...their "Good business sense" says they have plenty of money to draw on for a few million dollar projects here and there, a few million dollar shortages here and there. However, instead of drawing from their savings and profits like every other company in the world must do, they just raise prices on everybody to pay for their expenses! The ONLY REASON they can do this is because of weak spined presidents who REFUSE to defend the American working family from price gouging. This is a resource that we HAVE to have and they know it. So, instead of placing a limit on it like they should...our presidents buy into the oil companies and make money off our hardships! Democrat and republican alike!
 
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