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| Subject: Elections over gas goes up .Any one know how to photo shop | |
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Author: Bev |
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Date Posted: 17:03:08 03/29/07 Thu we need some pictures of bush in front of gas pumps, oil wells, and refineries with him saying mission accomplished http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/03/29/BUGVOOUCF77.DTL Record gasoline prices expected by this weekend David R. Baker, Chronicle Staff Writer Thursday, March 29, 2007 (03-29) 15:26 PDT -- Surging gasoline prices will likely push the cost of filling up in San Francisco to a record this weekend, topping the previous high of $3.36 per gallon perhaps as early as Friday. Some stations in the city have already passed that old record, set last May. Although the city's average price for gallon of regular reached $3.34 Thursday, individual stations were charging as much as $3.83. The unhappy milestone comes as gasoline prices are heading higher throughout California and the rest of the country. San Francisco still has the most expensive gas of any city surveyed by the AAA auto club. The state's average now stands at $3.22, while the U.S. average is $2.62. California is now the only state whose average gasoline price tops $3, although Hawaii may hit that mark this weekend. Just two weeks ago, it looked like San Francisco and the rest of the country would finally get a break at the pump. Prices for crude oil, gasoline's main ingredient, were falling. Analysts predicted that this spring's stunning run-up in gasoline prices would end. Instead, escalating tension with Iran forced oil prices sharply higher. Gas prices followed suit. In addition, the nation's gasoline refineries continued to be plagued by mechanical problems, cutting their production of fuel. The refineries that are up and running are making far fatter profit margins than they typically do. By one rough calculation, refinery margins on the West Coast have more than doubled since last fall. E-mail David R. Baker at dbaker@sfchronicle.com [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| Re: Elections over gas goes up .Any one know how to photo shop | Duncan7 | 08:30:20 03/30/07 Fri |
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| Re: Elections over gas goes up .Any one know how to photo shop | Oropan | 09:35:53 03/31/07 Sat |