HIGHER GAS PRICES EXPECTED AFTER REFINERY FIRE

[xchrom]

http://hosted.ap.org/dynamic/stories/U/US_REFINERY_FIRE?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-08-10-04-36-48

SAN FRANCISCO (AP) -- Analysts expect West Coast gas prices to rise beyond $4 a gallon after a fire knocked out a key section of one of the nation's largest oil refineries.

Meanwhile, the same U.S. Chemical Safety Board team that investigated the oil spill in the Gulf Of Mexico was standing by with state and company inspectors waiting for structural and environmental tests to see if it was safe to enter the unit.

In all, five separate investigations will be done to determine the cause and effects of the Monday night blaze at Chevron's Richmond refinery.

"This is an important accident in its own right, it was a large fire and has the potential to affect fuel supplies and prices," said Dr. Daniel Horowitz, a member of the chemical board.


***well, THAT was a Happy Accident

[Historic NY]

1. I call it convenient....

gas has inched back up to the 3.80's here again. It been approaching $100 a bbl.

[Shadowflash]

2. I'm shocked, I tells ya'

Shocked!

[jonathanbeck]

3. This is very serious matter

I am a family made person and I can't afford that much money for gas

[nanabugg]

7. It's BS. We have enough refinery capacity to make up for this. Those in control know how to make

shit happpen to raise the price of fuel to keep their profits obscene.

[Zalatix]

4. Didn't this happen once before?

[pampango]

5. Hidden. All caps title. n/t

[xchrom]

6. that's how ap does it. it's their 'all caps'. nt

[liberal N proud]

8. The uber wealthy needed some new yachts

So poof, a few fires at refineries and the price of gas skyrockets and the oil barons rake more cash from our pockets.

[Javaman]

9. Don't worry, the rise in corn prices will take care of that...

much of the U.S. gasoline stocks now use about 15% ethanol in the gasoline blend.

It's coming.