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Gas prices rise; officials wait to enter refinery

AP -- SAN FRANCISCO — A fire at one of the nation's largest oil refineries helped push West Coast gas prices close to $4 a gallon Thursday, as the same federal team that investigated the Gulf Coast spill waited to inspect the unit that was knocked out by the blaze.

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Submitted Aug 10, 2012 By: goalie1950

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DanMtz Champion Author Oakland Posts:3,335 Points:1,239,425 Joined:Oct 2009	Message Posted: Aug 11, 2012 11:38:11 AM Ignore DanMtz Report Abuse Ironically, higher gas prices will probably pay for the damage.
anascom Champion Author Hamilton Posts:1,593 Points:553,015 Joined:Feb 2011	Message Posted: Aug 11, 2012 12:11:51 AM Ignore anascom Report Abuse total rip-off!
eomc17 Champion Author Tucson Posts:1,822 Points:134,145 Joined:Mar 2007	Message Posted: Aug 10, 2012 5:26:34 PM Ignore eomc17 Report Abuse And big oil is so excited, just salivating while considering just how much they can jack up gas prices before they ever decide to actually do something to fix their bucket of bolt refineries. With all the billions in profits they make every single quarter (BP the exception for being corrupt and stupid", you would think they could afford to build new refineries or halfway prevent these high number of leaks, fires, and explosions. How would Obama react if Wal-Mart or McDonalds kept having fires and explosions every single year? He would open his big scheming mouth about how these businesses need even more government (over)regulation while refusing to regulate corrupt big oil companies and speculators as he claims to want but doesn't really want to do. It's time for Obama to put up or shut up.
voyagerkim All-Star Author Los Angeles Posts:620 Points:170,885 Joined:Oct 2011	Message Posted: Aug 10, 2012 1:51:04 PM Ignore voyagerkim Report Abuse Excuses, excuses. . .
investmentdr Champion Author Cleveland Posts:4,008 Points:1,451,050 Joined:Sep 2008	Message Posted: Aug 10, 2012 1:30:32 PM Ignore investmentdr Report Abuse supply and demand; demand less and prices won't rise
Rockyguitar Champion Author Tampa Posts:2,552 Points:1,198,995 Joined:Sep 2008	Message Posted: Aug 10, 2012 12:47:09 PM Ignore Rockyguitar Report Abuse Ya, fix it feds!
doggod Champion Author Anchorage Posts:2,828 Points:737,360 Joined:May 2009	Message Posted: Aug 10, 2012 12:43:19 PM Ignore doggod Report Abuse So the Federal bureaucrats are going to help get the refinery back up and running how?
SycamoreISU Champion Author Indiana Posts:1,040 Points:258,085 Joined:Jan 2012	Message Posted: Aug 10, 2012 11:40:46 AM Ignore SycamoreISU Report Abuse If Congress would actually let some refineries get built, maybe this fire wouldn't have affected prices as much. Price fluctuations are inevitable when no new refineries have been built for at least 30 years.
leemun Champion Author Utah Posts:5,513 Points:1,036,125 Joined:May 2010	Message Posted: Aug 10, 2012 11:38:13 AM Ignore leemun Report Abuse They were saying this even before the fire was out.
VomVom Champion Author Calgary Posts:3,857 Points:1,627,080 Joined:May 2007	Message Posted: Aug 10, 2012 11:25:57 AM Ignore VomVom Report Abuse With the loss of over 300K barrel/day and 16% of the region's gasoline supply, there is bound to be a rise in gasoline price.
tnfran Champion Author Arizona Posts:4,363 Points:839,165 Joined:Dec 2010	Message Posted: Aug 10, 2012 11:22:00 AM Ignore tnfran Report Abuse Fed's investigating this!---??
pilotmass Champion Author Boston Posts:1,803 Points:498,610 Joined:Jul 2011	Message Posted: Aug 10, 2012 11:11:14 AM Ignore pilotmass Report Abuse Strange. Temple shooting gets labeled domestic terrorism. Oil Refinery.....a far more important place for the nations economy and security, is just a fire..... I don't smell fire, I smell cover up.
tatker Champion Author Asheville Posts:1,945 Points:555,830 Joined:Dec 2010	Message Posted: Aug 10, 2012 11:07:05 AM Ignore tatker Report Abuse They should pay extra to keep prices from going up 4 there screwup
Discovery02 Champion Author Colorado Springs Posts:2,520 Points:306,665 Joined:May 2012	Message Posted: Aug 10, 2012 10:45:33 AM Ignore Discovery02 Report Abuse We'll see what the cause was and if it was the desire to collect insurance money then I would expect to see a list of those being fired to appear on my desk in the morning.
Asbury09 Champion Author Iowa Posts:7,193 Points:1,526,305 Joined:Jan 2009	Message Posted: Aug 10, 2012 10:42:27 AM Ignore Asbury09 Report Abuse midwest prices have not been frozen
bkplenge Champion Author Tallahassee Posts:1,616 Points:121,310 Joined:Sep 2005	Message Posted: Aug 10, 2012 10:40:48 AM Ignore bkplenge Report Abuse Are they ever going to stop letting the speculators and oil companies keep the recession going?
cdrrod Champion Author Wisconsin Posts:4,134 Points:779,775 Joined:Feb 2006	Message Posted: Aug 10, 2012 10:29:55 AM Ignore cdrrod Report Abuse Well, nice to see someone else in the news besides the Midwest... (NOT!)
humblepie Champion Author Toledo Posts:34,065 Points:2,367,370 Joined:Mar 2006	Message Posted: Aug 10, 2012 10:22:00 AM Ignore humblepie Report Abuse shut it down for a year while hearings and surveys are completed
bills299 Champion Author Atlanta Posts:3,346 Points:900,490 Joined:May 2005	Message Posted: Aug 10, 2012 10:21:49 AM Ignore bills299 Report Abuse fire is not good!
jlf599 Veteran Author Kentucky Posts:339 Points:126,925 Joined:May 2012	Message Posted: Aug 10, 2012 10:17:00 AM Ignore jlf599 Report Abuse Call me a cynic, but the words "Insurance Fire" come to mind. :)
werich44 Champion Author California Posts:1,837 Points:464,955 Joined:Jun 2011	Message Posted: Aug 10, 2012 10:13:01 AM Ignore werich44 Report Abuse Send King Obama to check it out, he's the best liar of the bunch.
beale055 Champion Author Philadelphia Posts:1,292 Points:423,225 Joined:Jan 2012	Message Posted: Aug 10, 2012 10:04:50 AM Ignore beale055 Report Abuse Good