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Showing posts with the label refineries

California gas prices

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Discussion I had with a friend recently... California gas prices have hit $7/gallon in some places , even as high as almost $8 at at least one station . Growing up in the 90s, gas in the midwest was generally under $1.00/gallon, often as low as $.79/gallon. Pretty much the only way I was able to stay flush delivering Chinese food, when a $5 tip was memorable. But I digress. Even in SoCal, gas dipped below $1.00/gallon as recently as as 1998 , only to surge to around $2.00/gallon by spr surge to around $2.00/gallon by spring of 2000 . Outside of like a global pandemic, they’ve never gone back down, really, though they’ve occasionally shot up much higher. June 2008 or so, adjusted for inflation , gas prices were in the $6-7 range in California . But why? I find this interesting; how little things have changed, despite multiple governors (including – ostensibly – a Republican, Arnold Schwarzenegger, from 2003–2011): California Attorney General Bill Lockyear investigated accusations of pri...