Sunday, October 7, 2012

Gas Prices Continue to Rise in California

Gasoline prices rose again in California on Sunday after a series of refinery disruptions caused fuel shortages that experts say could continue to burden motorists into next week.

The average price of regular gasoline in the state jumped to about $4.65 a gallon on Sunday, 84 cents higher than the national average and by far the highest in the country, according to AAA’s Daily Fuel Gauge Report. Hawaii had the next highest average, at $4.41.

Prices have been rising for about a week and jumped by nearly 20 cents a gallon, to $4.49, overnight Friday. Prices rose to $4.61 a gallon on Saturday before climbing again on Sunday.

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A power failure last week at an Exxon Mobil refinery in Torrance, Calif., was the immediate cause of the spike, though the plant had resumed normal operations by Friday. A Chevron refinery in Richmond, Calif. is still operating at partial capacity after a fire in August.

The refinery problems come at a time of year when California typically experiences some production shortages as refiners switch from summer to fall gasoline blends to meet state pollution reduction measures. Supplies on the West Coast have dipped to their lowest levels since 2008.

Because of the supply problems, rationing has forced some gas stations to shut down pumps, and there have been long lines of cars at stations that do have gas. Some stations have raised prices to as high as $5 a gallon for regular gasoline. Gasoline prices in California are typically higher than in most of the country because of strict environmental regulations.
Wow. I wonder how the underlined parts got past the censors. Too bad (for them) that California can't import gasoline from other other states. It's a good thing for the rest of us, or our gas prices would be rising even faster as fuel was diverted to the liberal paradise.

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