Friday, October 05, 2012

Calif. gas pumps shut off as refiners start rationing | Times247

Calif. gas pumps shut off as refiners start rationing | Times247

Just remember the old adage "As goes California, so goes the Nation".
Want to stop this? Want to Change It Back? Had enough?

"Vote for the makers, not the takers"
H/T to the traffic on I64 today.
Gasoline station owners in the Los Angeles area including Costco Wholesale Corp. are beginning to shut pumps as the state’s oil refiners started rationing supplies and spot prices surged to a record.

Valero Energy Corp. stopped selling gasoline on the spot, or wholesale, market in Southern California and is allocating deliveries to customers, [and] Exxon Mobil Corp. is also rationing fuel to U.S. West Coast terminal customers. ...

Gasoline at the pump gained 8.3 cents to $4.315 a gallon in California yesterday, according to AAA.com, 53.1 cents more than the national average of $3.784.
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