Talk about sticker shock – in recent days, Californians including us here in Inyo-Mono, woke up to gasoline prices that had suddenly jumped up by as much as 50 cents per gallon overnight. Governor Jerry Brown ordered the California Air Resources Board to start use of California’s winter blend as soon as possible. That blend, which is slightly more polluting, normally starts up at the end of October.
Even that move will not likely bring prices down as much as they went up. Officials say the winter blend use would increase gasoline supplies by nearly 10%. In the Eastern Sierra, a gallon of regular now goes for about $5.09 in Mammoth Lakes and between $4.44 and $4.69 in Bishop and the Owens Valley. The average price in the state hit $4.67 per gallon of unleaded gas.
Reports say that the Air Resources Board’s action was the first time since 2005 – when gas supplies were affected by refinery disruptions in the wake of Hurricane Katrina – that the air board has approved early conversion to winter-gas blends. News reports indicated that refinery and distribution pipeline problems in California led to the sudden price jump.
Record-setting prices at the pump have also prompted calls for a federal investigation. Senator Barbara Boxer reportedly asked the Department of Justice’s oil and gas price fraud division to investigate reported maintenance issues at refineries.
Senator Dianne Feinstein asked the Federal Trade Commission to investigate for a potential trading scheme.
Energy subsidies: Renewable fuels = 6 billion Ethanol = 6 billion Coal = 8 billion Nuclear = 9 billion Oil and Gas = 41 billion So there you have it, Its non sense to hear anyone say it is a waste to subsidies green energy when you see the waste… Read more »
Think we are getting screwed again by corporate america?
It’s sad, but tha Rothchild & Rockerfeller Families would have it no other way, people are Chattel to THEM 🙂
Driving is a privilege not a right. There are plenty of alternatives, such as walking, biking, and transit to name a few. Oil companies are in business to make money, and if consumers are willing to pay higher prices, then the product warrants higher prices.
What about supply and demand? or the fact big oil companies are making record breaking profits and still get subsidies. Yes of course they are in the business to make money, why else would they invest so much in the Republican party? Because they get a return on their investment… Read more »
Traveling under Common Law Right to Travel (even operating a vehicle) under Common Law Right to Travel IS, IS is a Right under the Constitution of the United States of America, that no administrative agency DMV ect. can take keep u from Traveling… 🙂 County, State, Federal, & Tribal minions… Read more »
@John
Thank you for being awake to the scam we call Government
Why not turn a negative into a positive? I did, by purchasing shares in oil. Now I want a return on my investment!
Gasoline is a non sustainable practice and what is it gonna take two put other source’s on the table? Do we need to by the republican party back from the Koch Brothers and big oil industry to at least have alternative’s on the table? How can we keep taking our… Read more »
Jeremiah’s Alter Ego,
You are so right ! Just think Solyndra !!!!
500 million plus to somebodys friends.
Spend it then go BK.
Might as well flush the $ down the toilet.
Political Corruption Makes Me Sick !!!!!
There may be other facts on this. I remember a program on Solyndra or a segment that revealed incredibly bad timing on the part of
the endeavor had a lot to do with its failure. Benett
What about Abound Solar? They received 400 million from taxpayers and are now going bankrupt. Bad timing?
Yeah, Solyndra — the favorite zombie lie of the uninformed. Here’s the time line of the Solyndra loan guarantee. Don’t bother to read it since it obviously conflicts with your notion of reality and we can’t have that. For those of you with the courage (and ability) to read, notice… Read more »
Solyndra was 1 of 27 at that time. 3 have failed of the 27, so 24 of 27 Green energy efforts are still going. I would like to flush the 2.2 billion dollars Sheldon Adelson will get if the Romney Ryan plan goes into effect. I have to Type this… Read more »