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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (7685)10/2/2019 11:08:26 AM
From: Kirk ©  Read Replies (1) | Respond to of 26710
 
Just wait until the people in CA figure out it might go back to $100+ per barrel if they are successful in shutting down fracking...

California’s historic gas jump: You’re paying $1.29 a gallon above U.S. average
California’s average retail price for all grades was $4.03 as of Sept. 30 — up 52 cents, or 15%, from Aug. 26.

That’s a much larger jump than what was seen nationally. U.S. pump prices were up 7.6 cents, or 3%, in the month to $2.74 a gallon.

That boost adds up to California drivers paying $1.29 more than the national norm — a 47% premium. It’s the biggest gap between state and national prices, according to agency data dating to 2000.
Per barrel.