During early October, California hit an all-time average gasoline high of $4.61 per gallon — more than $5 in some areas of the state. We have been paying gas prices at about 70 cents per gallon above the national average. Refinery shutdowns reduce supply (when they occur), as do state-mandated environmental pollution seasonal-blend switchovers.
In each case, prices spike higher at the pump, as well as for distributors and station owners at the wholesale level. Add to our regional problems the national environmental regulatory restrictions placed on exploration and production, and we have a man-made economic disaster. Of further consequence is the severe adverse effect on the ability of distributors and stations to maintain strong profit margins and for middle class consumers to make ends meet.
I would like to extend a note of gratitude to Rep. Jeff Denham, from whom I learned much of this information at his Oct. 13 meet and greet in Salida at the Vineyard 76 Station.
Let’s re-elect a representative who can and will work with federal and state officials to remove governmental roadblocks that impede energy independence and competitive lower pricing.
Curtis Hinds, Ceres