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Tag Archives: gasoline
What (if anything) to do about California gasoline price spikes
Here we go again. A couple refinery disruptions, a pipeline shutdown, and before you know it gas prices in California have jumped more than 50 cents compared to the rest of the country. Soon politicians will be wringing their hands … Continue reading
Tesoro’s Acquisition of BP’s Carson Refinery (California Prices at the Pump: Part 2)
Last week I provided my reactions to Senator Feinstein’s letter to the Federal Trade Commission (FTC) on market manipulation of gas prices after the Chevron Richmond refinery fire. Speaking of prices at the pump in California, how will Tesoro’s pending acquisition … Continue reading
California Prices at the Pump
On August 6, a fire tore through Chevron’s Richmond refinery. The Richmond refinery is located in Northern California, a few miles outside of San Francisco, and is the third largest refinery in California. Wholesale gasoline prices in California, as measured … Continue reading
The Midwest Oil Glut Hasn’t Lowered Gas Prices; Ending the Glut Won’t Raise Them
Sometime later this week the owners of the Seaway pipeline will announce that they’ve completed the first stage of reversing the flow of oil on the line and have started carrying 150,000 barrels of crude each day from Cushing, Oklahoma … Continue reading
Speculation is not the cause of high oil prices
Amidst all the political noise on speculation in oil futures markets, some serious researchers have written useful blogposts and op-eds pointing out the lack of evidence that speculation is a cause of the current high oil (and gasoline) prices. One … Continue reading
Marginal vs. Average Generation: The Case of the Electric Car
I have a fantasy. I want a cool looking electric car, that gets 50+mpg and is not outrageously more expensive to buy and operate than a VW Golf when driven 12,000 miles per year. I was excited when I saw that the … Continue reading