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Non-Tech : Kirk's Market Thoughts
COHR 175.14-1.8%3:59 PM EST
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To: Kirk © who wrote (3750)1/19/2016 10:46:35 AM
From: berniel  Read Replies (1) of 26779
 
California’s traditionally high gas prices are attributed to local taxes and fees—among the highest in the country—as well as state regulations regarding a special low-pollution blend, which means stations get their supply only from certain refineries. In Southern California, a damaged Exxon Mobil refinery (it had an explosion earlier this year) has also decreased already limited supply in the area—leading to higher prices.
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