Sacramento responsible for our sky-high gas prices
Here’s an excellent letter to the editor by my good friend Paul King — concerning CA’s soaring gasoline prices (I updated and expanded the figures, and added verifying URL’s):
The Los Angeles Times correctly reported that refinery problems were the major cause of the supply problem on the West Coast. CA once had 14 refineries producing the state’s unique blend of gasoline mandated by its legislature, but that number has declined to 12. Among those 12, four are shut temporarily due to maintenance issues. With CA strict bureaucratic refinery regulations, we have not built any new refineries in 40 years.
Because of California’s unique fuel blend requirements, motorists can rely only on California’s refineries to correct their supply problem. They can’t solve the shortage by buying from their next door neighbors in Arizona or Nevada the way other states might. So now that the state legislature has effectively imposed an embargo on the citizens of California, we are all paying the price of our politicians’ stupidity.
But that’s not… Read More