Gas Prices Soar as Refiners Cut Production

venturacountystar.com ^ | April 5, 2008 | John Wilen

[dragnet2]

Let it go to $5. per gallon.

Lock your doors and let the good times roll.

[rocksblues]

Dear Democrats: I would like to thank you for your inaction/no votes on allowing the US to build new refineries and also for not allowing us to drill for our own oil.

[arderkrag]

Why does it seem like gas is the only product that producers and consumers think normal supply-and-demand laws don’t apply? Prices rise where there is high demand. Prices fall when there is low demand. It’s simple.

[Eurale]

Libs refuse to understand the causal relationship between gasoline prices, refinery construction and new domestic oil exploration.

[rabidralph]

It would be nice if the republican “leadership” highlighted and pounded this point instead of suggesting alternative energy subsidies.

[mvpel]

They're also in the process of switching from producing winter grades of gasoline to the less polluting but more expensive grade of fuel required in the summer.

Required by who? GOVERNMENT.

Yet the GOVERNMENT blames the producers for high prices, and drags them to Washington to answer idiotic questions from grandstanding politicians.

[kingattax]

remember the meeting VP cheney had with the saudis a few weeks back that supposedly was going to stabilize the market at around $85 a barrel ?

[kittymyrib]

Gas should cost at least $4/gal in CA and FL for their refusal to help the USA by allowing drilling in their off-shore waters. There won’t be many tourists on their pristine beaches if no one can afford to drive this summer. Those two states have no business getting any fuel as the energy crisis deepens.

The entire country would be paying $4/gal if TX and LA had been so selfish all these years.

[george76]

Federal excise taxes 18.4 cents per gallon for gasoline and 24.4 for diesel.

California... 63.9 gas and 72.0 diesel.

[LouAvul]

Libs refuse to understand the causal relationship between gasoline prices, refinery construction and new domestic oil exploration.

As do a lot of people. Even some FReepers. The hypocrites who masquerade as environmentalists are strangling our supply and rejoice at higher prices. All because they want to squeeze out SUVs. Idiots.

[goodnesswins]

“Libs refused to understand?” NO....Libs are STOOOPID and Liberalism IS a mental deficiency.

[Cicero]

This is caused almost entirely by leftie environmentalists.

“They’re also in the process of switching from producing winter grades of gasoline to the less polluting but more expensive grade of fuel required in the summer.”

Of course. That was my first thought—it’s that time of year when 153 different state regulations force the refineries to change their products in very complicated ways.

Also, there hasn’t been a new refinery built in a dog’s age, because the NIMBYs won’t allow it. And the regulatory process is like navigating through a minefield.

California, which always bitches the loudest, is the worst offender.

[redstateconfidential]

This is what is crippling the country, oh well, we are all frogs in the boiling water.Ho hum.
What is there left to say. This is going to escalate forever.
No one in a leadership position is going to address this other than blame the public for being so damn stupid as to have a gasoline powered cars any way. Its “our” fault.There is no end to gas escalation, the Arabs and the other suppliers can take it all the way up to $500 a barrel and NOTHING will be done. THE FIX IS IN.

[kellynla]

remember the meeting VP cheney had with the saudis a few weeks back that supposedly was going to stabilize the market at around $85 a barrel

I guess the Saudis weren't listening. LOL

I only hope & pray that the "energy gods" put a bug in McCain's ear before the the election and McCain pledges to lead the charge for more drilling in ANWR(although he's said he's against it), drilling on ALL coasts and construction of more refineries and nuclear electrical generating plants(I personally like the co-generation plants that not only generate electricity but also desalinate seawater for drinking water).

[redstateconfidential]

They mean to cripple us.Period.

[ArmyTeach]

...Libs refuse to understand the causal relationship between gasoline prices, refinery construction and new domestic oil exploration ...as well as the cost of transportation of consumer goods, to include produce and other foods, and finally the base cost of business and services.

[Cobra64]

Dear Democrats: I would like to thank you for your inaction/no votes on allowing the US to build new refineries and also for not allowing us to drill for our own oil.

I think this is the time of year when refineries have to shut down to switch over to, what I call, the "Summer Flavor" of gasoline to satisfy the EPA and state regulations.

Hell, why not just pull the plug, shut down all the refineries, and let the pencil necks in Washington and Sacramento operate the refineries.

[Lazamataz]

Why does it seem like gas is the only product that producers and consumers think normal supply-and-demand laws don’t apply? Prices rise where there is high demand. Prices fall when there is low demand. It’s simple.

Actually, the article makes the point that, because the American economy will be in tatters (shown by a poor job showing), gasoline prices will rise.

Less demand? Higher prices.

It's the new way.

[varon]

Lock your doors gas caps and let the good times roll.