Chris : Yes, local gvt policy also effects the price at the pump. And while I cannot say for sure, since, as Ernie pointed out , SC has low gas prices now, as does NJ, it may also be important for pricing if a state has a major oil port since we do continue to import maybe a fourth of our oil, maybe a third. Add in local factors like gvt policy, local demand based on local mix of industry and demographics, and there is no simple way to think about pricing. Still, the interior states, by and large, are in far better shape in terms of pump price and the commonality is access to Canadian oil. Billy -------------------------------------------------------- 3/26/2012 2:43:38 P.M. Pacific Daylight Time, [email protected] writes:
I drove though Wyoming last week with lengthy coal trains passing by occasionally. Trucks were carrying well casing headed for the oil fields. Prices at the pump were about 3.29. It is over 3.50 in Montana, but not much. It is good to live in a producer state. I think that the big difference between, say, MT and WY is tax. Chris From: [email protected] [mailto:[email protected]] On Behalf Of Dr. Ernie Prabhakar Sent: Monday, March 26, 2012 3:36 PM To: [email protected] Cc: [email protected] Subject: Re: [RC] Despite GOP Claims, High Gas Prices Are Not Obama's Fault - TIME Hi Billy, On Mar 26, 2012, at 2:21 PM, [email protected]_ (mailto:[email protected]) wrote: Why the difference ? Supply. The states with the lowest gas prices have the most access to Canadian oil. I'm not seeing the data to support your claim: _http://gasbuddy.com/gb_gastemperaturemap.aspx_ (http://gasbuddy.com/gb_gastemperaturemap.aspx) Why does South Carolina have lower prices than Nebraska, but higher than Georgia? Can you cite a source for your claim: Keystone would add to the supply nationally and, therefore, would lower prices. To repeat something said before, but I guess which went unread, approval of Keystone would have an immediate impact on the futures market. Yeah, I think I missed that. As soon as it was signed, but especially as soon as contracts for construction were let, gas prices would start to come down, and it has little to do with China or India, nations that get almost all their oil from the Mid East. That's certainly possible, but by no means obvious. * _Why the Keystone Pipeline Won't Ease Pain at the Pump - Businessweek_ (http://www.businessweek.com/articles/2012-03-26/why-the-keystone-pipeline-wont-ease-pain-at-the-pump) * _R-Squared: Gas Prices & Keystone Pipeline | Peak Oil News and Message Boards_ (http://peakoil.com/production/r-squared-gas-prices-keystone-pipeline/) * _Keystone Oil Pipeline Seen Raising Gas Prices in Midwest: Energy - Bloomberg_ (http://www.bloomberg.com/news/2012-03-01/keystone-oil-pipeline-seen-raising-gas-prices-in-midwest-energy.html) * _Oil Moves Lower as U.S. Rejects Permit for Keystone XL Pipeline - Bloomberg_ (http://www.bloomberg.com/news/2012-01-18/oil-futures-advance-as-u-s-industrial-output-gains-amid-iran-tensions.html) * _Gas Prices | Keystone XL Pipeline | Iran Sanctions | Bernie Sanders | The Daily Caller_ (http://dailycaller.com/2012/03/21/senator-obama-blocking-keystone-didnt-send-wrong-message-to-wall-street-video/) Again, the actual facts may be moot, since we're talking about politics, but I'd love to see your data... -- Ernie P. -- Centroids: The Center of the Radical Centrist Community <[email protected]_ (mailto:[email protected]) > Google Group: _http://groups.google.com/group/RadicalCentrism_ (http://groups.google.com/group/RadicalCentrism) Radical Centrism website and blog: _http://RadicalCentrism.org_ (http://radicalcentrism.org/) -- Centroids: The Center of the Radical Centrist Community <[email protected]> Google Group: _http://groups.google.com/group/RadicalCentrism_ (http://groups.google.com/group/RadicalCentrism) Radical Centrism website and blog: _http://RadicalCentrism.org_ (http://radicalcentrism.org/) -- Centroids: The Center of the Radical Centrist Community <[email protected]> Google Group: http://groups.google.com/group/RadicalCentrism Radical Centrism website and blog: http://RadicalCentrism.org
