Locator: 45676GASOLINE.
Something's going on and no can explain it. People working from; increasing EV penetration; population falling (ever so slightly); tourists' driving season is over and yet ... yeah, I know ... the OPEC+ crude oil production cuts ....
EIA: link here.
California gasoline is refined in-state. The crude oil comes mostly from Alaska and Saudi Arabia. That may need to be fact-checked.
Also, from this article:
Compounding higher gasoline prices is a simultaneous spike in diesel costs. Diesel prices often climb in the fall due to seasonal consumption from farmers, who use the fuel for harvesting, and as demand for heating climbs. But this year, the prices are still much higher than usual.
US refiners have raised operations to near pre-pandemic levels and gasoline stockpiles, though still below normal, rose by the most in more than a year last week. The supply boost will likely fade in the coming weeks as refiners enter fall maintenance — typically scheduled after the peak summer gasoline season to avoid a price squeeze.
I posted the original note below but then took it down overnight as I often do to keep the focus on the Bakken, but now, overnight, there's yet another story breaking in right-wing news channels suggesting US House democrats admit Biden has a "business dealings" problem. It will be interesting to see if the WP or TNYT reports the story.
Paddle Boarding
Alligator Gar -- Trinity River, Dallas, TX
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