To: Think4Yourself who wrote (41525 ) 4/2/1999 2:37:00 PM From: BigBull Read Replies (1) | Respond to of 95453
Yeah and we now have diesel fuel SHORTAGES in California! What happened to THE GLUT? -------------------------------------------------------------------------------- California truckers face shortages of their special pollution free fuel WEST SACRAMENTO, Calif. - California's trucking industry has been hit hard by steep price increases in diesel fuel in the last few weeks - and now some oil sellers are rationing purchases, cutting back sales by half in some parts of the state. As a result, the California Trucking Association has asking Governor Gray Davis to temporarily suspend the requirement for California trucking companies to use the special "California only " diesel fuel required by state law. "California has created an isolated fuel island for diesel fuel," said Joel D. Anderson, CTA's executive vice president. "With five oil companies and nine refineries in the state, any disruption in supply is a threat to small trucking companies pushed out of the market by price and supply." If the governor approves, so-called "federal fuel" could be bought in California to keep trucks rolling. Since the diesel fuel currently required is sold only in California, price spikes and shortages can greatly threaten the economic health of the trucking industry, CTA said. The price for a gallon of diesel fuel has increased over 32 cents in the last four weeks. While railroads and off-road diesel equipment are allowed to purchase lower-cost federal diesel, trucks based in California must burn a California only diesel fuel - which is made almost exclusively by California refineries. As a result of the recent refinery fires and shutdowns, California only diesel is in short supply. With the shortened supplies of California only diesel, diesel sellers are allocating purchases to 50% of normal in the San Joaquin Valley and Los Angeles area suppliers are discussing limits on sales to an odd/even day schedule not seen since the gasoline crisis of the 1970's. --------------------------------------------------------------------------------