goducks10
Apr 23, 2019Explorer
Gas prices.
https://www.automotive-fleet.com/330282/gasoline-prices-stabilize-at-2-84-per-gallon
From the article;
"The West Coast is probably seeing the most significant impact based on gas prices increases," Casselano said. "In California, retail prices are over $4 per gallon for unleaded. The states has not seen prices this expensive since 2015. Unplanned and planned maintenance, which has tightened gasoline stock levels, have really driven up gasoline prices in the last few weeks much more than expected."
Can someone explain how a so called shortage drives up prices when the shortage isn't causing gas stations to run out of gas? I haven't heard about any stations rationing. So it's not really a shortage, it's just a decline in production which has zero effect on supply until the supply is less than the demand.
I call BS.
From the article;
"The West Coast is probably seeing the most significant impact based on gas prices increases," Casselano said. "In California, retail prices are over $4 per gallon for unleaded. The states has not seen prices this expensive since 2015. Unplanned and planned maintenance, which has tightened gasoline stock levels, have really driven up gasoline prices in the last few weeks much more than expected."
Can someone explain how a so called shortage drives up prices when the shortage isn't causing gas stations to run out of gas? I haven't heard about any stations rationing. So it's not really a shortage, it's just a decline in production which has zero effect on supply until the supply is less than the demand.
I call BS.