Updates
May 8, 2019: Saudi bases their price off Brent. California's major supplier is now Saudi.
May 7, 2019: reason --
California currently imposes the second-highest gas taxes in the country. A state excise tax currently adds $.417 per gallon, a rate that will increase to $.473 come July. On top of that, the state imposes a 2.25 percent gasoline sales tax.
As lieutenant governor, Gavin Newsom supported a 2017 bill increasing the state's gas taxes. When running for governor in 2018, he opposed a ballot initiative that would have repealed that same increase. It's 2019, and Newson, now the state's governor, is demanding an investigation into why the state's gas prices are so high.Later, 7:28 p.m. CT: some background to the original post --
- San Francisco Chronicle, April 22, 2019
- KTLA, highest in state since 2014, April 17, 2019
- reason, California legislature hiked gas tax, April 24, 2019
- New York Times, why California gas prices are spiking, April 16, 2019
- CNBC, sky-high gasoline prices in California; rest of US may not even see $3-gasoline, April 11, 2019
Original Post
This one tweet seems to say it all -- Patricia squeezed in a lot of data in 280 characters. LOL.
My attempt to figure it out:
- mogas: gasoline
- USWC: United States West Coast
- ARA: Saudi Arabia
- USCS: United States Customs Service
- Vio La Benecia: Valero refinery; shut down for pollution issues;
- Chv El Secundo: I assume this is Chevron El Segundo, Bay Area; Chevron; often in the news, and not always in a "good" way
- Martinez: a number of refineries in the Martinez area, as far as I know; many issues over the years; Andeavor; "Shell name"; Marathon; [see first comment below: Two refineries in Martinez. Downtown has Shell. To the east across I-680 is the old Tesoro, renamed Andeavor on its way to purchase by Marathon??] [Summer, 2019: PBF acquires Martinez; Shell no longer has any refinery operations in California; link here.]
- "early re-starts": Valero may "re-start" in mid-May?
The bullet train, meanwhile, is making great progress. LOL.
Two refineries in Martinez. Downtown has Shell. To the east across I-680 is the old Tesoro, renamed Andeavor on its way to purchase by Marathon??
ReplyDeleteThank you. I added that to the post above.
Delete