Why Are Gas Prices So High?
Because they take california's for fool.. gas companies
Sick of paying so much money at the gas pump? Who’s to blame for all of this? At over four dollars a gallon, gasoline is putting a crunch on us all. So why is it so high? Here’s a look at how gasoline prices work and how we can make the prices go down. Having a “Don’t Buy Gas” day won’t work. You still need gasoline and it isn’t reducing consumption of gasoline. Not buying gasoline from certain gas stations isn’t going to help, either. That’s explained below. There’s only one way to get gasoline prices lower and the answer is here, in simplified terms.
Southland gas prices continue to fall in the wake of a spike that pushed California's average price up to $4.30 a gallon last month.
Gregg Laskoski, a senior petroleum analyst with price tracker GasBuddy.com, said motorists throughout California are seeing some relief as a result of declining crude prices and robust production from the nation’s refineries.
“Even with the extraordinary price spikes in California earlier this summer that inflated the national average, improving conditions there have brought the state average from its mid-July peak at $3.90 down to $3.60 today and that average is 31 cents less than what Californians were looking at last year,” Laskoski said in a statement.
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California’s average gasoline price dropped another 2 cents in the afternoon to $3.58 a gallon. That was down 17 cents from a week ago and down 33 cents from the year-ago price of $3.91 a gallon.
Los Angeles and San Bernardino counties have both seen significant price declines in recent days.
L.A. County’s average price for a gallon of regular was $3.80 Monday, down 23 cents from a week ago and below the year-ago price of $3.90, GasBuddy reported. San Bernardino County’s average price on Monday was $3.75 a gallon, down 22 cents from last week and 13 cents below the year-ago price of $3.88.
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California refineries weathered significant disruptions this year but they are currently operating at about 91 percent capacity, with the exception of the ExxonMobil refinery in Torrance, which suffered an equipment failure in mid-February and is still not back to full operation.