RagTop
Old Grumpy
I noticed that my favorite gasoline source (ARCO) had raised the price of premium from $2.89 less than a week ago to $3.03 today. Now we are all aware of the impact of hurricane Harvey on the refining capacity of the lower 47 states, and that oil is generally in a glut inventory situation. The gate is refineries that are down to 75% due to the storm. However, in the past we Californians have been told, when one of our California refineries is down and driving pump prices up, that we cannot draw on fuel from other states because California has a special formulation that is not produced outside of this state. So, since none of our refineries have been impacted by the hurricane, and there are abundant supplies of crude, why are the gasoline prices in California going up? Just askin'.