Submitted by qbande t3_120tdpu in mildlyinteresting
srentiln t1_jdmbrky wrote
Reply to comment by MaritimesRefugee in All of the different levels of gas were the same price. by qbande
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.
Viewing a single comment thread. View all comments