Submitted by qbande t3_120tdpu in mildlyinteresting
MaritimesRefugee t1_jdk7ty4 wrote
Reply to comment by srentiln in All of the different levels of gas were the same price. by qbande
yeah... one would think that with all of the refinery and pipeline construction that the CA state government funds, the cost would indeed be reduced...
/sarc
srentiln t1_jdmbrky wrote
I'm not naive enough to think the state will do anything to help expand production, but we have in state oil harvest and refining already. Our refineries have a 2 million barrel per day capacity, and we have over 200,000 drilled wells. I'm not saying I expect Texas/New Mexico level base prices, but the fact our average price is consistently one of the highest in the nation does not fit with having production capacity in-state. Even adjusting for the gas tax, the price doesn't seem to make sense.
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