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California refinery back online amid soaring prices

Chattanooga Times Free Press -- Californians woke up to a shock Friday as overnight gasoline prices jumped by as much as 20 cents a gallon in some areas, ending a week of soaring costs that saw some stations close and others charge record prices.

...

While gas prices have spiked around the nation, refinery outages and pipeline problems have added to woes in California.

Among the recent disruptions, an Aug. 6 fire at a Chevron Corp. refinery in Richmond left one of the region’s largest refineries producing at a reduced capacity, and a Chevron pipeline that moves crude to Northern California also was shut down.

There also was a power failure that affected an Exxon Mobil Corp. refinery in Torrance, but a company spokeswoman said Friday that the refinery has resumed normal operations and would be able to meet all ...

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Submitted Oct 07, 2012 By: BurntOrange

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Martinman Champion Author Mississippi Posts:14,739 Points:2,093,830 Joined:Sep 2005	Message Posted: Oct 8, 2012 6:13:58 AM Ignore Martinman Report Abuse Funny, how there are more refinery fires, explosionns, and accidents in the last few years, than the last few decades combined...
58salty Champion Author Jacksonville Posts:6,614 Points:629,890 Joined:Aug 2011	Message Posted: Oct 7, 2012 9:09:16 PM Ignore 58salty Report Abuse might help some
andy1024 Champion Author Allentown Posts:1,702 Points:448,150 Joined:Dec 2011	Message Posted: Oct 7, 2012 8:15:38 PM Ignore andy1024 Report Abuse Hope this will drive the prices down.
lesndave Champion Author Texas Posts:3,042 Points:701,380 Joined:May 2011	Message Posted: Oct 7, 2012 7:42:48 PM Ignore lesndave Report Abuse That should help some
investmentdr Champion Author Cleveland Posts:4,029 Points:1,455,050 Joined:Sep 2008	Message Posted: Oct 7, 2012 6:01:41 PM Ignore investmentdr Report Abuse Prices will fall
YaBassa Champion Author Michigan Posts:2,430 Points:517,100 Joined:Nov 2011	Message Posted: Oct 7, 2012 5:47:38 PM Ignore YaBassa Report Abuse California's high gas prices are paying Chevron's repair bill for the Richmond refinery fire
Radar1992 Champion Author Florida Posts:1,325 Points:310,165 Joined:Dec 2011	Message Posted: Oct 7, 2012 5:00:07 PM Ignore Radar1992 Report Abuse Build More Refineries and they can absorb these supply issues...
eye-spy Champion Author Quebec Posts:4,588 Points:2,417,845 Joined:Feb 2005	Message Posted: Oct 7, 2012 4:24:53 PM Ignore eye-spy Report Abuse More refineries = less problems at the pump!!
A2J Champion Author Richmond Posts:3,075 Points:602,950 Joined:Aug 2011	Message Posted: Oct 7, 2012 4:11:25 PM Ignore A2J Report Abuse still oil prices are high
PathfinderSC Champion Author South Carolina Posts:9,521 Points:1,831,615 Joined:Mar 2008	Message Posted: Oct 7, 2012 4:07:07 PM Ignore PathfinderSC Report Abuse With the refinery back on line, It will help some.
Bearcat500 Champion Author Cincinnati Posts:9,726 Points:1,631,275 Joined:Nov 2005	Message Posted: Oct 7, 2012 3:54:30 PM Ignore Bearcat500 Report Abuse OK
mar2100 Veteran Author Cleveland Posts:348 Points:16,925 Joined:Sep 2012	Message Posted: Oct 7, 2012 3:18:38 PM Ignore mar2100 Report Abuse excuses excuses excuses
Mark8601 All-Star Author Bakersfield Posts:913 Points:380,115 Joined:Dec 2011	Message Posted: Oct 7, 2012 2:07:07 PM Ignore Mark8601 Report Abuse Pipeline has nothing to do with gas prices. Other lines pick-up the slack. Exxon is back on line as of Friday so gas will go down. No inventory? I am not buying the "special" gas that has to be made. Summer yes, but winter gas id "normal" and easier to make.
Seamus4513 Champion Author Orange County Posts:2,583 Points:386,580 Joined:Mar 2012	Message Posted: Oct 7, 2012 9:25:13 AM Ignore Seamus4513 Report Abuse Lead the country in conservation and the industry dreams up ways to invent-a-problem....
bluebird1 Champion Author Toronto Posts:15,735 Points:3,108,125 Joined:May 2004	Message Posted: Oct 7, 2012 8:55:40 AM Ignore bluebird1 Report Abuse Will still take time to come down & likely before they do something else will happen to allow spin doctors to keep prices up. However, Wouldn't say soaring as they haven't reached the prices in Toronto here (by any conversion) & that's normal (so they say) pricing & it's even higher in Montreal & vancouver.
bar1035 Champion Author Charlotte Posts:9,161 Points:1,298,220 Joined:Aug 2006	Message Posted: Oct 7, 2012 7:41:54 AM Ignore bar1035 Report Abuse Keep voting blue California. You can tell us how $10 gas feels in a few years
Ltdc Champion Author Long Island Posts:7,215 Points:1,677,870 Joined:Jul 2007	Message Posted: Oct 7, 2012 7:23:33 AM Ignore Ltdc Report Abuse Sounds to me like we need more refineries in our country.
RockCity Champion Author Denver Posts:7,915 Points:1,428,085 Joined:Mar 2009	Message Posted: Oct 7, 2012 6:25:36 AM Ignore RockCity Report Abuse It is hard to believe that our pals at exxon mobil and the corporate people over at the chevron corp have have had to endure such hardship and pain all because their ceo, by many gasbuddy pundits, barak obama has hiked the price of gas right under their dumb as rocks noses, perhaps.
jorobins538 Champion Author Chicago Posts:4,732 Points:638,320 Joined:Sep 2009	Message Posted: Oct 7, 2012 6:19:20 AM Ignore jorobins538 Report Abuse good for them
flagtown25 Champion Author New Jersey Posts:1,177 Points:493,155 Joined:Oct 2011	Message Posted: Oct 7, 2012 6:00:54 AM Ignore flagtown25 Report Abuse Maybe this will ease the pain.
Wierbe Champion Author Cincinnati Posts:3,752 Points:1,119,115 Joined:Apr 2006	Message Posted: Oct 7, 2012 5:14:38 AM Ignore Wierbe Report Abuse Sounds too expensive for me.
Xavier80 Champion Author Victoria Posts:1,778 Points:378,440 Joined:Apr 2012	Message Posted: Oct 7, 2012 5:06:14 AM Ignore Xavier80 Report Abuse ok
Luckylindy Champion Author Milwaukee Posts:4,519 Points:1,128,045 Joined:May 2008	Message Posted: Oct 7, 2012 4:44:39 AM Ignore Luckylindy Report Abuse Heck yeah! At 6 bucks a gallon they will post a guy with a fire extinguisher if need be.
sabre75 Champion Author Florida Posts:1,663 Points:340,395 Joined:May 2012	Message Posted: Oct 7, 2012 4:39:49 AM Ignore sabre75 Report Abuse This is very strange.. Will it happen to the rest of the country?
brbaritone Champion Author Virginia Posts:2,065 Points:1,697,875 Joined:Jan 2007	Message Posted: Oct 7, 2012 4:15:04 AM Ignore brbaritone Report Abuse It will be interesting to see the next quarterly report from Exxon and Chevron. I'll bet they are raking in the dough - making more by selling less.
SUPERSTEVIEO Champion Author Quebec Posts:3,523 Points:787,115 Joined:Oct 2010	Message Posted: Oct 7, 2012 4:05:41 AM Ignore SUPERSTEVIEO Report Abuse so... they are back to normal.... none too soon.
danny999 Champion Author Florida Posts:8,723 Points:1,639,060 Joined:Oct 2008	Message Posted: Oct 7, 2012 4:04:06 AM Ignore danny999 Report Abuse They all reduce capacity when they want more money.
jeskibuff Champion Author Tampa Posts:7,882 Points:1,448,135 Joined:May 2004	Message Posted: Oct 7, 2012 4:02:39 AM Ignore jeskibuff Report Abuse altonb1 said: "The real issue is the road signage" If prices ever get above $10/gallon, the solution is simple...start pricing with different quantities... $12/gallon is "only" $3.17/liter...or a "measly" $3/quart Hopefully we won't have the stupidity to re-elect a president who has openly stated that he really doesn't care if energy prices skyrocket under his policies. We can kick Mr. "boost gas prices to the levels in Europe" Steven Chu to the curb at the same time!
yardslave Champion Author Oklahoma City Posts:2,555 Points:596,805 Joined:Dec 2005	Message Posted: Oct 7, 2012 3:58:24 AM Ignore yardslave Report Abuse Good thing everyone drives an EV there....
jeskibuff Champion Author Tampa Posts:7,882 Points:1,448,135 Joined:May 2004	Message Posted: Oct 7, 2012 3:52:45 AM Ignore jeskibuff Report Abuse Goofoff said: "The Grand Oil Party is getting what they wish, foreign oil, greedy speculators and no controls to save the middle class. Rich friends making money off the making the poor poorer" Here's a great example of just more class warfare from people who brought us the most inept president ever. Thanks to Obozo, we have more people in poverty than ever before, a record number of people on food stamps, FIVE TRILLION DOLLARS of additional debt to be borne by Americans for decades to come and the most anemic economic recovery we've ever seen. Dumbocrats were responsible for this economic mess to begin with and we had the stupidity to elect another one 4 years ago. A solid 3.5 years of failure under Obozo's "guidance" and we still have people wanting to blame the GOP for making poor people poorer?
mrjames1818 Champion Author New Jersey Posts:1,550 Points:1,999,070 Joined:Mar 2004	Message Posted: Oct 7, 2012 3:41:51 AM Ignore mrjames1818 Report Abuse Maybe now they will permit a new refinery to be built
Ziggy1962 Champion Author New Jersey Posts:5,749 Points:1,810,685 Joined:Aug 2006	Message Posted: Oct 7, 2012 3:38:47 AM Ignore Ziggy1962 Report Abuse GREED!!!
scu227 Champion Author New Haven Posts:4,152 Points:771,880 Joined:Feb 2011	Message Posted: Oct 7, 2012 3:35:34 AM Ignore scu227 Report Abuse price gouging ############################################
Hunter724 Champion Author New Hampshire Posts:8,121 Points:1,646,075 Joined:Sep 2008	Message Posted: Oct 7, 2012 3:33:18 AM Ignore Hunter724 Report Abuse Better known as GREED!!!
jppezz Champion Author New Mexico Posts:8,591 Points:1,692,560 Joined:Jun 2008	Message Posted: Oct 7, 2012 3:33:07 AM Ignore jppezz Report Abuse The answer is more refineries but in California they would rather have higher prices them allow new refineries to be built.
Crumbfel Champion Author Virginia Posts:11,554 Points:2,160,585 Joined:Aug 2006	Message Posted: Oct 7, 2012 3:32:41 AM Ignore Crumbfel Report Abuse I read this article...
Topless2012 Champion Author Twin Cities Posts:2,432 Points:481,065 Joined:Jan 2012	Message Posted: Oct 7, 2012 3:31:34 AM Ignore Topless2012 Report Abuse It's not my fault.
dar 1 Champion Author Michigan Posts:5,893 Points:446,165 Joined:Jan 2005	Message Posted: Oct 7, 2012 3:30:32 AM Ignore dar 1 Report Abuse Just a little gouging...................
FrankTA2 Champion Author New York Posts:4,293 Points:1,095,310 Joined:Jun 2007	Message Posted: Oct 7, 2012 3:29:03 AM Ignore FrankTA2 Report Abuse Greedy big oil companies need to increase record profits.
MyRedSky Champion Author Orlando Posts:3,139 Points:1,114,875 Joined:Jul 2008	Message Posted: Oct 7, 2012 3:28:04 AM Ignore MyRedSky Report Abuse i thought everyone in CA drove a Prius--that's all you see on TV shows.
Goofoff Champion Author Virginia Posts:11,882 Points:2,177,200 Joined:Aug 2006	Message Posted: Oct 7, 2012 3:27:14 AM Ignore Goofoff Report Abuse The Grand Oil Party is getting what they wish, foreign oil, greedy speculators and no controls to save the middle class. Rich friends making money off the making the poor poorer
epf Champion Author Grand Rapids Posts:6,334 Points:1,891,355 Joined:May 2004	Message Posted: Oct 7, 2012 3:25:00 AM Ignore epf Report Abuse We jumped $.20 as well in West Michigan last week.
gaspumpin Champion Author Indiana Posts:1,670 Points:388,480 Joined:Apr 2012	Message Posted: Oct 7, 2012 3:24:08 AM Ignore gaspumpin Report Abuse Obama is getting his wish.
Hop1LA Champion Author Baton Rouge Posts:3,314 Points:1,176,495 Joined:Apr 2008	Message Posted: Oct 7, 2012 3:24:05 AM Ignore Hop1LA Report Abuse More of the same old news
skippypa Champion Author Hawaii Posts:8,476 Points:1,740,930 Joined:Jun 2008	Message Posted: Oct 7, 2012 3:23:02 AM Ignore skippypa Report Abuse Hope the prices in California starts going down now!!
dave364 Champion Author Lansing Posts:4,947 Points:1,437,380 Joined:Nov 2007	Message Posted: Oct 7, 2012 3:22:50 AM Ignore dave364 Report Abuse greed
madison8359 Champion Author Cleveland Posts:9,028 Points:1,594,270 Joined:Apr 2008	Message Posted: Oct 7, 2012 3:21:58 AM Ignore madison8359 Report Abuse Who cares we will pay anything for oil.
rogerparry Champion Author Florida Posts:9,560 Points:1,916,430 Joined:Jan 2008	Message Posted: Oct 7, 2012 3:21:45 AM Ignore rogerparry Report Abuse What a mess.
biza4u Champion Author New Haven Posts:8,523 Points:1,627,900 Joined:Jan 2007	Message Posted: Oct 7, 2012 3:21:37 AM Ignore biza4u Report Abuse After everyone was ripped off
chillyman3 Champion Author Illinois Posts:1,355 Points:424,390 Joined:Jan 2012	Message Posted: Oct 7, 2012 3:20:51 AM Ignore chillyman3 Report Abuse did someone say price gouging? I agree