Posted on 02/22/2015 11:41:56 AM PST by thackney
No but companies hoarding in anticipation of a union strike might. And oh, nice chart but here in CA. the gas is up around $3.00 for regular and it was already rising rapidly before the Torrance refinery explosion.
Hoarding? Are you claiming they are not selling but holding for later? Or is production greater that demand and stock levels rising?
And yes prices are up in California. California has lost 17% of their refinery capacity and they have special blend requirements making it more difficult to bring in gasoline from other locations. Wednesday when the stock reports come out, we should see California down in stock levels.
I’m not claiming jack, just repeating what is out there in reports. You apparently are an expert and know everything, personally all I know is that gas is going up like crazy, but we have a sh*t load of cheap oil and a lot sitting in storage. Tata now
Hoarding. Media trying to create a story out of possibilities. Believe it if you wish.
Cheers!
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