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John Mattis exposes Mossy Used Car Pre-Owned Super Center.

WATCH THE VIDEO Mossy used car San Diego, flooded vehicle, shaking defective auto motor, defective enginee

Another price spike is in the pipeline ...

By Charles Langley, Manager, UCAN Gas Project - Locally, wholesale gas prices in Southern California have spiked another nickel on average, since Monday.  The retail price of gasoline is up by 9 cents from a week ago.  Locally, our prices may be going up because of expected demand from Chile, but nationally, demand for oil and gasoline are at historically low levels.

The Second Law of Gougeonomics: Why gas prices are about to surge

By Charles Langley - Manager, UCAN Gas Project - Prominent analysts are saying that gas prices will likely spike even higher in the coming weeks because of the earthquake in Santiago Chile, which has destroyed three major refineries.  Our very own Crude Reality blogger, and oil industry analyst, Bob van der Valk, has been quoted in today's Union Tribune, the »

February 2: Oil Hog sees shadow!

 

MEDIA ADVISORY - WILL THE BIG OIL HOG SEE HIS SHADOW?

Forget about “Groundhog Day,” in San Diego, Feb 2 is “Oil Hog Day”

"Lies, damned lies, and statistics!" ... Why statistics suggest a high price in 2010 of $4.32 a gallon for regular gasoline.

 This UCAN analysis shows why the law of averages suggests a high gas price for the year 2010 of $4.32 a gallon, PLUS, an outline of four techniques the oil industry is using to keep gas prices at artificially high levels.

Gas prices surge past $3 mark, second highest price on record.

By Charles Langley, Manager, UCAN Gas Project.  Early this morning gas prices edged above $3 in San Diego, passing an important psychological and economic benchmark. 

Typically, the price of gasoline in the first week of January is the lowest price of the of the year for at least the following nine months.

"This is definitely starting the year out on the wrong foot," says Charles Langley, UCAN Gasoline project Manager "and it appears that it is a lead foot pushing for higher gas prices."

 

2010 Gas Prediction: $3 a gallon may be the cheapest we see for a very long time

By Charles Langley, Manager, UCAN Gas Project - "Supply and Demand" the two factors that are supposed to set prices in a market economy will have very little to do with the price of gasoline or oil in 2010. In fact, what we expect to see isn't "economics," it is something we call  "gougeonomics." 

Gas prices edge below $3 a gallon

Charles Langley - Today UCAN's index of San Diego gas prices showed that regular unleaded had edged below $3 a gallon to a new average of $2.999, an incredibly slow decline for this time of year.

Under normal market conditions gas prices drop very quickly between October and mid-December, but this year, a highly questionable rash of refinery fires has limited the supply of gasoline in Southern California, keeping prices at artificially high levels.

Gas prices ready to drop like a thick brick

In the last month there has been a stunning rash of refinery closures and fires - any one of which should have sent gas prices upward - but with a flagging economy, a grim demand picture, and a glut of surplus, gas prices are destined to decline.

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