By Bob Walsh
Valero owns an oil refinery in
Benicia which they are shutting down in April of next year. The
California Energy Commission is actively seeking someone who will be
willing to buy AND OPERATE the refinery. The current power structure in
CA (which is the Democrat-Socialist party) is rightfully fearful that
when this refinery and another operated by Phillips in SoCal shut down
next year the loss in refinery capacity of 18% will shoot gas prices in
CA even further into the stratosphere than they already are. California
voters put up with a lot of liberal bullshit but they do not like
people to mess with their wheels. You might remember that a massive
jump in DMV fees was largely responsible for Gray Davis being recalled.
Various
reasonable sources assert that, if the 18% shutdown occurs, gas prices
will jump in CA to $8 + per gallon. That just might be a bridge too far
for CA residents and could result in a significant backlash to those in
power. The Democrat-Socialists have a super-majority in both houses of
the legislature and hold all constitutional offices in CA. They would
have a hard time running away from the issue. The governor's attempts
to blame high gas prices on "those greedy bastards in the oil industry"
are not gaining much traction.
1 comment:
Maybe California can save itself with a High Speed Rail System. Ha! Ha!
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