The prices are out of control because the oil industry knows they can get away with it.. there's no shortage of anykind. No major refineries off-line. Honestly how forthcoming do you think the oil industry is when it comes to explaining why prices are out of sync? This is one of the most secretative, exclusive clubs on the planet. The top/mid level executives don't pay for gas.. so why should they care what it cost you/me? There has been no less than 20 congressional investigations into 'price gouging'... and the result? Nada.. the investigation slowly fades away ( probably because the oil execs provide the congressional members gas vouchers to give to thier families/friends -- if you don't think they'll take them...just try to pry loose those perk parking spots at CA
), USA - Virginia">DCA
from their hands!). They'll simply announce an investigation to feign sincere concern for the plight of the people.. and that's about it. This admistration is the best friend Big Oil has bar none. So the industry has free reign at the moment and if you expect this adminstration to go after the oil industry for you..you're nuts! Example.. Swartzenegger is the gov here in CA
now.. he's doing all he can to pump up Hollywood... and Hollywood really doesn't need it, but will the take the assistance.. you bet your ass they would! Er...are! And if he was prez.... he's make Calif. his #1 priority.. and Hollywood above that! Would CA
really need it? Hell no. Would they take it? You already know the answer.
Calif. is the largest car/oil market in the US. The US the largest consumer of all nations. The laws of economics suggest that the greater the demand... the lower the prices.. that's why the US has lower prices than europe by far. But when we look at it domestically, Calif. is getting totally ripped off, we have some of the largest refineries around at Carson (the whole city is a refinery) near LAX
is another one and they are acting like we are Hawaii and it has to get trucked in (adding to the cost). They've also said that Calif. requires a special smog reducing blend.. my ass it does, that cost was covered years ago. It's like the tolls you pay when you transit the Holland, Lincoln and Midtown Tunnels in NYC... they paid for themselves decades ago.. but now they're paying salaries and ensuring profit. Same here in Calif. the industry knows this is freeway city.. and they'll pay through the nose to 'steadily be seen in their SUVs'.. so why care..when you can collect and 'Get Paid!'
I've seen some of the answers above as why there's a jump in prices. Even if someone within the oil industry posted here would you for a minute expect the to tell YOU the truth as to why there's such high prices? That's like the gate attendant telling you... the plane has landed yet.. (you look out the window and there's a 777 sitting there [and the only 777 ops that day] and they'll are argue with you " That's not ours... it hasn't arrived yet" Or excuses about an upgrade (you've seen heard those too). This oil jig is about serious money billions by the day... and I'm betting that the Bush crowd smells an defeat in Nov.. and this is the oil industry's last hurrah for a while.. so they might as well enjoy it while they can. But is nice that some people here think that the men behind big oil are honest, kind, upstanding and square-dealing businessmen.
I bet anything gas prices in Oklahoma and Texas is cheaper than hell! And yet one of the largest oil producing tracts in the US is little known Kern County just north of LA
... and we will continue paying because we (the people) 'trust' the bullshit explanations the oil company's keep giving us.
"Home of the Brave, made by the Slaves..Land of the Free, if you look like me.." T. Jefferson