Explanation of Premium Oil Prices in California aka FailUforna
Using completely deceptive tactics the environmentalists here block oil supply lines.
Supply lines which should not be necessary as California is floating on recoverable oil the environmentalism try to block development of.
Indeed, the Sierra Club has take the position CA has all the natural gas we need and has not reason to export. So they will not even allow existing ng pipes to be converted to carry discounted America oil.
California imposed a foolish special gasoline blend isolating the market. The refiners have been reduced by foolish regulation so there is no spare capacity. Any down time spends price shocks which the environmentalists like. Never mind poor people suffer as driving less must be forced.
So despite floating on oil both on land and at sea California oil prices are tied to import world prices. A great thing the environmentalists believe but of course like RLP'D Opinions they never admit it in public.
When there is some extra capacity it goes straight to exports. But the amount which can be processed is very limited. so assuming California oil will always have a premium price is foolish. Hedging it out with swaps for the next five years is very wise.
RLP'D posted all the short attack propaganda. RLP'D also posted that ND production was declining due to well decline rates.
No surprise RLP'D is not Ameriman enough to step and admit mistakes. Progressive do not believe in personal integrity or personal honor. Just their existence and delusions of being 'well' educated.
Assuming ideas and beliefs dogmatically so never learning.
In fact the scientific method came form the European Christian Reformation. In fact the Progressive science turns to dribble and dogma because under relative morals there is no reason to be objective and honest.
So it is fine all the Global Warming 'Scientists' were busted fixing the books. Never mind scientific consensus; which does not exist and is a contradiction of the very term science, was forged on purposefully fraudulent figures. Nor is it wisdom for wisdom too as the precondition of honesty and integrity.
Nope, all the Progressive have is very childish dogma wrapped up in an emotion based religion of blind faith in a mythical elite free of the constant of human nature. Only several thousand years behind the times. ,
This is funny [read below] .Then why did you include me in this sentence. more deceptiveness from the boards lieing preacher of what everyone else has done wrong and taking back what he accuses others of. You have been caught again in more tall lies.
All the rational honest people are awaiting [your ] and RLP'D explanation of why you supported a short attack on fellow Americans savings
Now this just shows that you will use any tactic to futher your unjust cause towards other board members. But again haven't the guts or the proof when including others in your rampage of false accusations to make an apology to those you have included in yur malice attacks for NO reason. You are a gutless preacher and accuser.