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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Knighty Tin who wrote (5607)5/5/2004 10:28:58 AM
From: Elroy Jetson  Read Replies (2) of 116555
 
So what's the real reason they're thinking of declaring a gasoline emergency?

Certainly they're not trying to suggest that the Reno NV - Richmond, CA diesel pipeline runs fuel from non-existent refineries in Reno. That would be too funny.

Even if there is currently a refinery shortage for some odd reason in California (not that I believe that for one minute), there are plenty of places to tanker in finished gasoline from and ChevronTexaco has the domestic fleet to do it.
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