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Good-bye "Debbie Downer," Hello $4 a gallon gas ... maybe ...

Sometimes I feel like Debbie Downer ... but not today.  
 
Today I am predicting that gas prices should drop 1¢ to 6¢ by
Thursday, and perhaps more at unbranded independently owned
gas stations, which could push the average price of gasoline below
$4 a gallon for the first time since March.
 
In case you are not  aware of Debbie Downer, she's the Saturday 
Night Live TV character who always finds the cloud inside every

Gas prices in Southern California will remain flat over Fourth of July Weekend.

Last Thursday I correctly predicted that gasoline prices would climb
1/2 cent to 4¢ by today.

Gas Prices are climbing in Southern California and it has nothing to do with Iraq.

I am forecasting that Southern California gasoline prices will either stay flat or increase through Thursday by as much as 5¢ a gallon. Price volatility has rocked local California gasoline wholesale markets over the weekend, but it doesn't have anything to do with oil prices or Iraq.

Is the California Public Utilities Commission complicit in a coverup of the SONGS bailout?

Read the original story and see video footage from The Core Report HERE by reporter Roy L. Hales.  Summary: This story outlines the basic bones of the plot between top bureaucrats at the California Public Utilities Commission and Southern California Edison (SCE)  to funnel $3.3 Billion dollars into a bailout plan for the failed nuclear reactors at San Onofre.

San Onofre Bailout Watch, Issue 1, May 14, 2014

Dedicated to exposing and stopping the $3.3 Billion bailout of the proposed Southern California Edison (SCE) ratepayer-funded San Onofre Nuclear Generating System "settlement" which was secretly negotiated on behalf of  SCE's unions and ersatz consumer groups posing as "ratepayer advocates." MORE.
&n

Rockets and feathers: Why gas prices are not dropping

The cost of surplus gasoline has collapsed by 28¢ in the last seven
days. In a normal market, Southern California gas prices should be
dropping like a box of hot rocks, but they aren't ... instead we are seeing
what anti-trust investigators have called the "feather" effect, or what
economists call "sticky prices." When former California Attorney General
Bill Lockyer investigated California gas prices, his analysts said "In California
gasoline prices go up like a rocket and down like a feather."

Why the West Coast is ripe for a series of gasoline refinery disasters, glitches, or hiccoughs

At this time, California refineries are operating at about 89% capacity, up
from about 84% last year, according to OPIS, the Oil Price Information 

Could driving rain drive down gas prices?

In the last 21-days, the spot market price for surplus gasoline
has increased by 25¢ ... more than a penny a day, constituting a 
major move.

Four reasons California gasoline prices are going to increase soon.

For more information, contact Charles Langley 858-752-4600

In the next few days, Southern California gas prices at a handful of 
gas stations might drop a penny or two due to wholesale price fluctations,

Refined gasoline supplies are at five month high, and prices could go up.

 Gasoline supplies are up . So are wholesale gas prices.

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