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Wholesale Gasoline Shortage In California Causes Gas Stations To Shut Down: Hoarding Next?

Tyler Durden's picture




 

"The squeeze is on, and people are doing desperate things," is how one independent described the situation in California. As Bloomberg reports, a shortage of supply along with drastically higher wholesale prices of gasoline has caused 'mom-and-pop' gas stations to close down as their margins are destroyed. Even larger firms, such as CostCo, are closing sites due to the shortages as Los Angeles and San Francisco gas prices jump 30-45c in a few days.

As one owner noted: "I can get gas, but it’s going to cost me $4.90 a gallon, and I can’t sell it here for $5," and another added that "we’re going to start shutting pumps Friday, as gas is costing me almost $4.75 a gallon with taxes. There’s no sense in staying open. The profit margins are so low it’s not worth it."

The problem is likely a short-term one according to some as the temporary shutdown of local refineries (after Chevron's Richmond refinery fire) and maintenance is completed but it is clear that even a short-term blip in wholesale prices (whether driven by local supply or global geopolitics) causes pain as it would appear we are close to 'inelastic' levels of demand.

  • *VALERO SAYS SUPPLY IN CALIFORNIA HAS TIGHTENED
  • *VALERO SAYS IT HAS TEMPORARILY HALTED SPOT SALES IN CALIFORNIA

California gas has not fallen as the national average has...

 

Via Bloomberg:

Gasoline station owners in the Los Angeles area including Costco Wholesale Corp. (COST) are beginning to shut pumps because of supply shortages that have driven wholesale fuel prices to record highs.

 

Costco’s outlet in Simi Valley, 40 miles (64 kilometers) northwest of Los Angeles, ran out of regular gasoline yesterday and was selling premium fuel at the price of regular, Jeff Cole, Costco’s vice president of gasoline, said by telephone. The company hasn’t been able to find enough unbranded summer-grade gasoline to keep its stations supplied, he said.

 

...

 

Prices Jump

 

Gasoline at the pump gained 8.3 cents to $4.315 a gallon in California yesterday, according to AAA.com, 53.1 cents more than the national average of $3.784. In Los Angeles the price was $4.347. Gasoline futures for November delivery on the Nymex rose 11.15 cents to $2.911 a gallon at 1:35 p.m. today, after falling yesterday to a 10-week low. Retail price movements tend to lag behind those of futures.

 

...

 

“I can get gas, but it’s going to cost me $4.90 a gallon, and I can’t sell it here for $5,” Ravi said. “If you come here right now, I’ve got some diesel left. That’s all. My market is open, but no gas.”

 

A Chevron Corp. (CVX) oil pipeline shut down last month, an Oct. 1 power failure at Exxon Mobil Corp. (XOM)’s Torrance refinery and units down at other plants have cut supplies in the market.

 

Spot California-blend gasoline, or Carbob, in San Francisco surged 30 cents to $1.40 a gallon over futures, also the highest level since at least 2007, at 1:12 p.m. New York time.

 

‘Not Worth It’

 

“We’re going to start shutting pumps Friday,” Sam Krikorian, owner of Quality Auto Repair in North Hollywood, said by phone yesterday. “Gas is costing me almost $4.75 a gallon with taxes. There’s no sense in staying open. The profit margins are so low it’s not worth it.”

 

Exxon’s 150,000-barrel-a-day Torrance refinery may flare gases for a week as it restores production after a power failure that shut some units and slowed output from others, Gesuina Paras, an Exxon spokeswoman in Torrance, said by e-mail Oct. 2.

 

Chevron’s Kettleman-Los Medanos pipeline, which carries crude from Kern County to Northern California refineries operated by Royal Dutch Shell Plc (RDSA), Tesoro Corp. (TSO) and Valero Energy Corp. (VLO), remained shut after elevated levels of organic chloride were detected in the oil.

 

Phillips 66 (PSX) is also scheduled to perform maintenance on process units at its Rodeo and Los Angeles refineries this month, people familiar with the schedules said.

 

Chevron’s 240,000-barrel-a-day Richmond plant, the largest refinery in Northern California, has been running at reduced capacity since a fire Aug. 6.

 

’Squeeze is On’

 

The squeeze is on, and people are doing desperate things,” Bob van der Valk, an independent petroleum industry analyst in Terry, Montana, said by e-mail yesterday. “The mom- and-pop gas stations are having to close down from either not being able to obtain gasoline from their regular distributor or cannot afford the break-even price of almost $5 per gallon.”

 

...

 

Short-Term Problem

 

Van der Valk called the price surge a “a short-term problem.” Wholesale costs should start falling as Exxon’s refinery returns to normal operations and other plants finish maintenance.

 

...

 

“Everybody is concerned about what might happen,” he said. “The real question is: How long is this going to last and what can the state do?

 

...

 

The independent gas station owners are typically the first to run out of fuel and shut their pumps when spot prices surge because they often lack long-term contracts to buy from fuel suppliers at set prices, McKeeman said.

 

Via Contra Costa Times:

"It's a combination of low inventories and multiple California refinery problems," said Tom Robinson, head of Robinson Oil Corp. "Really since the Chevron Richmond fire, inventories have been tight. As other refinery problems occur, there isn't much or any available inventory.

 

"Retailers are not yet reflecting the wholesale price increases they have experienced, so unless supply problems improve quickly, retail prices will definitely be going up."

 

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Thu, 10/04/2012 - 14:55 | 2856709 prains
prains's picture

lock up your skateboards

Thu, 10/04/2012 - 14:57 | 2856723 redpill
redpill's picture

What's the big deal, gasoline isn't part of Core CPI, how important could it be?

Thu, 10/04/2012 - 15:04 | 2856763 CrazyCooter
CrazyCooter's picture

Exactly. I don't know why all these econ PhDs can't figure out that all one has to do to cure inflation is to just index inflation to the price of plastic shopping bags. Dumbasses.

Regards,

Cooter

Thu, 10/04/2012 - 15:18 | 2856847 economics9698
Thu, 10/04/2012 - 15:21 | 2856868 Thomas
Thomas's picture

"retarded idiots" That is a serious double dose of deficiency.

The article seems contradictory: they say they can get it but at too high a price and they say there is a shortage. Which is it?

Thu, 10/04/2012 - 15:31 | 2856909 economics9698
economics9698's picture

It’s a repeat of 2002 “gray out” where the wholesale market was unregulated and the retail market regulated (in this case by large competitor market prices).  Wholesale prices exceeded retail and wholla, rolling blackouts.

These people, Californians, are complete idiots.

 

Thu, 10/04/2012 - 16:48 | 2857267 RockyRacoon
RockyRacoon's picture

What's a "wholla"?

Thu, 10/04/2012 - 16:57 | 2857302 Bicycle Repairman
Bicycle Repairman's picture

I guess the gasoline just disappeared into the ether.  No way to find out where the bottleneck is and why.  Let a thousand fingers point, and let no one investigate.  If the truth is known in, say 5 years, let's not bother affixing personal responsibility, because that's for welfare mothers and history is for pussies.

It's Chinatown, Jake.

Thu, 10/04/2012 - 19:10 | 2857734 sessinpo
sessinpo's picture

Disappeared?

How about the reality. Say you own a store that sells apples and the government says you have a price ceiling or limit of $1 per apple. Then something happens in the supply chain and all of your suppliers are saying, we won't deliver your supply of apples unless you pay $3 per apple. I'll let logic work its magic here and hopefully, you'll come to the conclusion you wouldn't resupply, thus apples just disappeared as you put it.

Thu, 10/04/2012 - 21:49 | 2858081 Bicycle Repairman
Bicycle Repairman's picture

Suppose we pet the magic unicorn?  Will that work in your fairytale?

Thu, 10/04/2012 - 22:58 | 2858212 bankrun
bankrun's picture

No problem, just make it up on volume.

Fri, 10/05/2012 - 02:42 | 2858488 Boris Alatovkrap
Boris Alatovkrap's picture

or vodka

Thu, 10/04/2012 - 19:10 | 2857735 mjcOH1
mjcOH1's picture

Un-possible.   Everyone knows the government produces gasoline for free.    Or at least it can demand the retailers sell at a deficit.   If the government can do it, those greedy bastards can too.  Cause they didn't make that gasoline, somebody else did.

Thu, 10/04/2012 - 21:50 | 2858084 Bicycle Repairman
Bicycle Repairman's picture

Like I said.  A thousand fingers point, but the truth is unobtainable.

Thu, 10/04/2012 - 17:59 | 2857500 TheCanadianAustrian
TheCanadianAustrian's picture

It's like a voilà except more gangster.

Sat, 10/06/2012 - 00:20 | 2862171 RockyRacoon
RockyRacoon's picture

Well, hell.  Why didn't he just write "walla" like all the other illiterates?  He had to go all fancy on us.

Thu, 10/04/2012 - 20:36 | 2857932 NachoLiebor
NachoLiebor's picture

voila?

edit: yeah, what he said. With that thingy above the a.

Gangstà

Thu, 10/04/2012 - 15:32 | 2856932 johnQpublic
johnQpublic's picture

supply v. demand

 

shortage drives price up

an exxon/mobil station will have a cheaper supply due to large corporation

mom and pop, not so much

can not compete pricewise

Thu, 10/04/2012 - 16:12 | 2857133 disabledvet
disabledvet's picture

Yep. Don't worry...the bailouts are working! And to think people think they should be working for a living! Move along to...to...to..."wherever you puny humans go. Your Goverment our BITCH."

Thu, 10/04/2012 - 16:50 | 2857278 RockyRacoon
RockyRacoon's picture

I bought me a scooter and lotsa Sta-bil.  Really.  Studied the scooter market for quite a while before buying.

Saw this coming a mile away.

Thu, 10/04/2012 - 18:41 | 2857638 Hacked Economy
Hacked Economy's picture

I've owned several on- and off-road bikes in my lifetime, and I decided last year to get another small scooter for the same reason, somewhat out of nostalgia for the Honda Elite 50 I had a long time ago.  So I bought a new Chinese model for super cheap, thinking I would only use it sparingly and therefore not worry so much about the quality.

To anyone reading this...DO NOT EVER BUY CHINESE!!  The stupid pile of crap literally began to fall apart after only 1000 miles.  The muffler fell off(!!) while I was riding it, the rear view mirror snapped, and then the ignition sputtered.  The coup-de-grace was how it suddenly died while I was several miles from home in the fast lane of a boulevard.  Never started again, and my trusted moto mechanic said he couldn't even begin to figure out the illogic of Chinese wire looms.

I dumped it into a trash roll-off, wrote a Statement of Fact to the DMV certifying it no longer existed, and promptly bought a quality 250cc motorcycle from a major manufacturer.  Shoulda done that in the beginning.  Pricey mistake on my part.

I also carry plenty of reserve gasoline to account for a short-term shortage of gas or run on the pumps.

Sat, 10/06/2012 - 00:25 | 2862174 RockyRacoon
RockyRacoon's picture

Correct!  Those Chinese scooters you see on the internet are junk.  I got a Kymco 150cc.  Since the wife is skittish I figured I'd get something she could manage in a pinch, otherwise I'd have gone for a motorcycle.   This one is well made since Kymco also makes some of the Kawasaki 4-wheelers as well.   I'm very pleased with it.   One can think of the Chinese scooters as throw-aways, but that's a bitch when you're miles from home.

Thu, 10/04/2012 - 15:20 | 2856864 knukles
knukles's picture

Whoa! 
By that reckoning inflation in my here in my neck of the Great People's Repubelick of Beloved Gentle Socialism is infinite!
Plastic bags went from free to 5 cents!
Taxes!

Gubamint infinite inflation via taxes and monetary policy.

Thu, 10/04/2012 - 15:36 | 2856948 economics9698
economics9698's picture

Tell your leaders to pass a law and make inflation go away. 

Thu, 10/04/2012 - 16:23 | 2857176 Freddie
Freddie's picture

Hope & Change.   California = The new Greece with better surfing and Charlie. 

We all know the checks for the $150,000 a year regular paychecks will go out to all the CA unionied Gubmint Workers.

http://www.youtube.com/watch?feature=endscreen&NR=1&v=5FYaexOKuPY

Keep Obama Prisident - he gave us a phone.

 

Fri, 10/05/2012 - 03:52 | 2858544 californiagirl
californiagirl's picture

In San Jose, plastic bags went from free to illegal and pay for a paper bag if you don't bring your own.

Thu, 10/04/2012 - 15:26 | 2856902 bobola
bobola's picture

Good.

People will start to ride their push bikes more often.

Today we have this thread about the high cost of gas.

Earlier in the week there was a thread about morbid obesity.

Maybe Tyler will throw up a thread about the high cost of health care by late Friday..??

Combine the solution for these 3 problems and the answer is easy to see - get on the bike and use it for short trips.

 

Thu, 10/04/2012 - 16:04 | 2857091 blu
blu's picture

Careful, starting to sound like a Leftist there. You do own a Ford F350 diesel, right? Ah then you're okay.

Fri, 10/05/2012 - 13:30 | 2860214 LosOsos
LosOsos's picture

The great thing about diesels is they'll burn almost anything. I may be in kalifornia but I have my own refining set up to run waste motor oil in my F250. Alternative fuel = fuck you price shocks and oil companies.

Thu, 10/04/2012 - 15:05 | 2856768 kaiserhoff
kaiserhoff's picture

Hell yes, who needs a car in Kalipornia..., oh wait.

Thu, 10/04/2012 - 15:24 | 2856890 economics9698
economics9698's picture

You don’t seem to understand PhD inflation calculations very well ZH’ers.  When inflation helps GDP growth it counts, you know like manufacturing, and when it shows up in the CPI inflation numbers, food, energy, inelastic items below 1.0, delete the item.

It’s complex.

The preferred items that should be used for CPI calculations would be anything that has an elasticity of demand over 2.0, or even 3.0.  The higher the better. 

This is a complex subject for PhDs only, so get away from the curtain and stop bothering the wizard.

Thu, 10/04/2012 - 15:35 | 2856946 saints51
saints51's picture

+1 100% correct in so many ways. The Great Fucking OZ.

Thu, 10/04/2012 - 16:36 | 2857226 DaveyJones
DaveyJones's picture

but the wizard is the witch

Thu, 10/04/2012 - 15:06 | 2856772 ParkAveFlasher
ParkAveFlasher's picture

The CPI hit is easily fixed by reducing the total number of quarts in a gallon to 3.25 for the purposes of calculative expontientalizing pre-modelled scumfuckery.

Thu, 10/04/2012 - 15:10 | 2856797 redpill
redpill's picture

Since the universe is accelerating in its expansion, it's really deflation anyway.  You can tell that to grandma since she won't be getting any cost of living increases in her social security, well, ever!

 

Thu, 10/04/2012 - 15:23 | 2856879 ParkAveFlasher
ParkAveFlasher's picture

True.  In fact I read in Marketing Weekly that the new Fancy Feast commercial has Grandma slapping the cat off the table and muzzling up on the crystal martini glass herself.

Thu, 10/04/2012 - 15:48 | 2857016 Winston Churchill
Winston Churchill's picture

Already did that.

The US gallon is 32 ounces short of the UK gallon.

Did it with tons as well,  ton =2240lbs. not 2000 or 2200/

ccwt =112 1bs not 100

Watch that wizard.,he makes stuff dissapear. .

Thu, 10/04/2012 - 16:43 | 2857249 ParkAveFlasher
ParkAveFlasher's picture

On that note, does anyone know the difference in ethanol density vs. gasoline?  More hijinx there with volume vs. mass, I'm sure.  Really my question to physics nerds is if energy output per dollar is effected.  In my line of work I see this stuff all the time ... pounds of fluid (!) to kilos to ounces to dollars ... etc ... I love explaining it to Marketers and watching their heads explode.

 

Thu, 10/04/2012 - 19:22 | 2857776 mjcOH1
mjcOH1's picture

Energy densities are:

76,100 BTU/gal for ethanol

114,100 BTU/gal for gasoline

Fri, 10/05/2012 - 00:02 | 2858335 Abbie Normal
Abbie Normal's picture

The local station near the marina just started selling 100% gasoline for only $0.10/gal more than the 10% ethanol-laced stuff.  It's intended for boats but there's no rule against using it in cars.  I'm seeing way better fuel economy so it's a great deal -- pay 2% more and get 10-15% better mileage.  Wonder how long before the govt. closes that loophole....

Thu, 10/04/2012 - 18:56 | 2857683 Danielvr
Danielvr's picture

If they can't sell gas for $5/gallon, maybe they should advertise it at $1.32 per liter..

Thu, 10/04/2012 - 14:59 | 2856733 slaughterer
slaughterer's picture

Pussies, Europeans pay nearly $10/gallon.  Get smaller, more efficient cars.  

Thu, 10/04/2012 - 15:04 | 2856758 Killtruck
Killtruck's picture

Trading in the Silverado and buying my Prius tonight, actually. I'd kill for one of those nice diesels they sell overseas, but thanks to the gubmint I'm limited in my choices.

Thu, 10/04/2012 - 15:09 | 2856788 Ahmeexnal
Ahmeexnal's picture

time to trim those lard assed trailertrash gas guzzlin libtards.

Thu, 10/04/2012 - 15:18 | 2856827 LawsofPhysics
LawsofPhysics's picture

Right, because trailertrash, typically with several shotguns and a large conferate flag in the trailer, is always so liberal.

 

What color is the sky in your world Ahmeexnal?

FYI- real trailertrash run their vehicles on "shine".

Thu, 10/04/2012 - 15:39 | 2856968 Ahmeexnal
Ahmeexnal's picture

You must be still be living in the 80's boy.
Today's trailertrash was yesteryear's middle class.
Take a look at the tent cities springing up in every major city. Most of them were hoaxed into "hope and change". Well, they did get quite some change, didn't they?

Thu, 10/04/2012 - 16:06 | 2857102 blu
blu's picture

Illusion.

Thu, 10/04/2012 - 16:12 | 2857132 LawsofPhysics
LawsofPhysics's picture

No, the trailertrash is still the same in my neck of the woods, sounds like a FEMA camp to me.  We just call that "fodder" around here.

Thu, 10/04/2012 - 16:33 | 2857210 Ahmeexnal
Ahmeexnal's picture

Well, you must be living in a van down the river then. 2008 was a game changer. Middle class sheeple who rode the real estate bubble got burned and got thrown into poverty. Most of them college "educated", many even with multiple PhDs.

http://www.guardian.co.uk/world/2009/mar/26/tent-city-california-recessi...

Tent cities reminiscent of the "Hoovervilles" of the Great Depression have been springing up in cities across the United States - from Reno in Nevada to Tampa in Florida - as foreclosures and redundancies force middle-class families from their homes.

 

Thu, 10/04/2012 - 19:34 | 2857812 Muppet of the U...
Muppet of the Universe's picture

oh shut the fuck you fuckin morons.  everyone is a retard; there are not isms and ists, only retards and smart ppl.  Soo while u buttfags are arguing over symantics concerning really retarded muppet sheepies, you are wasting time you could have spent learning, or fucking, or irl trolling muppets.

Thu, 10/04/2012 - 16:23 | 2857177 dtwn
dtwn's picture

Look at the VW Jetta Sportwagen TDI or Audi A3 TDI, decently fun to drive and good mileage too, 49mpg for the Jetta with manual transmission.

Thu, 10/04/2012 - 19:25 | 2857787 mjcOH1
mjcOH1's picture

I'll second the VW diesels.  My wife averaged 49mpg with her 2004 Beetle.

 

Thu, 10/04/2012 - 15:06 | 2856761 redpill
redpill's picture

Sorry Killtruck I do rather enjoy blowing by Toyota Priuses driven by frustrated weanies waiting in line for the freeway with my 13 mpg sports car as I go a mere 4 miles down broad smooth streets with no traffic from office to home.  When hybrids are stuck in traffic they get 0 mpg just like everyone else!

Thu, 10/04/2012 - 15:13 | 2856817 SemperFord
SemperFord's picture

I'm with you RP, I love taking the turns at twice the speed they do, dowsnshifting and scaring those non skilled drivers who are on the left lane slowing traffic down. I am all for fuel efficiency and that can be had with proper tuning.

A 427 cubic in V8 in a Z06 Corvette will get you 505 hp or more if modified and 28MPGs on the highway for all of those that don't know about the Magical LS engine, wish Ford had it :(

Thu, 10/04/2012 - 15:37 | 2856953 Urban Redneck
Urban Redneck's picture

My 7.3L Ford can push about 500hp and gets well over 20mpg hwy but at well over 5000 lbs, it's in a slightly different weight class than your Corvette (and the h/p-torque ratios are completely different).

Thu, 10/04/2012 - 16:58 | 2857304 serog
serog's picture

When did this turn in to a penis size contest?

 

 

Thu, 10/04/2012 - 17:28 | 2857407 kekekekekekeke
kekekekekekeke's picture

everyone's a loser

Thu, 10/04/2012 - 16:07 | 2857107 blu
blu's picture

wut?

Thu, 10/04/2012 - 15:05 | 2856766 IrritableBowels
IrritableBowels's picture

You must live in NYC.

Thu, 10/04/2012 - 15:24 | 2856888 knukles
knukles's picture

Biggest fillup is 16oz.
News provided by New York Times.
Favorite economist Paul Krugman.

Nuff said.

Thu, 10/04/2012 - 15:39 | 2856966 ParkAveFlasher
ParkAveFlasher's picture

You guys realize that it's a bigger place than the East Village, da?

Thu, 10/04/2012 - 15:09 | 2856791 SemperFord
SemperFord's picture

But unemployment is higher in Euroland and most of the things I buy are made in USA, Mexico, Canada, Asia, except for my favorite French chocolate truffles (Chocmod) do Europeans actually manufacture anything for the masses? Who cares if gas is more expensive there, it's not like they have jobs to go to or produce anything most people want.

Thu, 10/04/2012 - 16:13 | 2857136 Urban Redneck
Urban Redneck's picture

Perhaps the masses consume some these firms' widgets (there are a bunch of other codes I can pull if none of the names below are familiar)

Manufacturers Producer Maker Supplier (NACE Code 00120) - Minimum annual sales necessary to enter this table: 14,837 Million Euro

Volkswagen AG, Daimler AG, Siemens AG, Peugeot Citroen , Renault S.A, Unilever Plc, British-American Tobacco p.l.c., BMW AG, ThyssenKrupp AG, Robert Bosch GmbH, Olivetti S.p.A, Siemens plc, Philips Electronics NV, GlaxoSmithkline PLC, Clariant Life Science Molecules (France) S.A.S., Novartis AG, Audi AG, Volvo, Hoffmann-La Roche AG, Unilever NV, MAN AG, Compagnie Générale des Etablissements Michelin, Bayer AG

Thu, 10/04/2012 - 15:19 | 2856852 Vlad Tepid
Vlad Tepid's picture

You give us the European pussies and we'll let you keep the smaller more efficient cars.

Thu, 10/04/2012 - 18:57 | 2857686 Zap Powerz
Zap Powerz's picture

A smaller, more efficient car wont pull my wake boat, bitch.

Thu, 10/04/2012 - 19:13 | 2857752 sessinpo
sessinpo's picture

You got that backwards, Liberal socialist europeans are paying $10/gallon because they are pussies. If they had any balls they'd do something about it and get their prices lower.

Thu, 10/04/2012 - 21:09 | 2858016 Go Tribe
Go Tribe's picture

Sorry asshole, I'll steal rich people's cars before I buy a hybrid.

Thu, 10/04/2012 - 15:02 | 2856743 Skateboarder
Skateboarder's picture

Hell no, that's me exercise machine and transportation unit!

Time to dust of ye ol' bikes, boys. Remember to have that headlamp and taillight when you're riding in the night, or da popo's gonna write you up a nice ticket.

Thu, 10/04/2012 - 15:06 | 2856773 CrazyCooter
CrazyCooter's picture

And cops can still bust you for a DUI ... on a bicycle ... so stay sober!

Regards,

Cooter

Thu, 10/04/2012 - 15:10 | 2856804 HungryPorkChop
HungryPorkChop's picture

Is that a joke?  You gotta be kiddin', right?

Thu, 10/04/2012 - 15:14 | 2856824 SemperFord
SemperFord's picture

He is not kidding, you can get a DUI on even a tricycle

Thu, 10/04/2012 - 15:20 | 2856858 RSBriggs
RSBriggs's picture

Or on a horse!

Thu, 10/04/2012 - 15:25 | 2856894 redpill
redpill's picture

Or even a camel if you're taking a driver's ed course in Libya.

 

Of course don't try to sign up for sex ed the same day, they get too tired.

Thu, 10/04/2012 - 20:56 | 2857981 Ahmeexnal
Ahmeexnal's picture

special olympics gold medalist got a ticket for DUI on his freakin wheelchair

Thu, 10/04/2012 - 15:27 | 2856907 semperfi
semperfi's picture

on Pelosi ?

Thu, 10/04/2012 - 15:59 | 2857073 holdbuysell
holdbuysell's picture

Robot Trader's Mom? Is that you with a new handle?

Thu, 10/04/2012 - 15:33 | 2856934 Big Corked Boots
Big Corked Boots's picture

I would argue the horse thing in court. The nag always wants to go back to the barn... self-driving transportation.

Thu, 10/04/2012 - 15:50 | 2857023 BandGap
BandGap's picture

Saw a guy get a DUI on a riding lawnmower once, and he had his granddaughter on his lap.

Thu, 10/04/2012 - 16:14 | 2857141 Temporalist
Temporalist's picture

Well he shouldn't have been on the Interstate driving his lawnmower

Thu, 10/04/2012 - 20:17 | 2857898 Hulk
Hulk's picture

I had my tricycle license taken away when I was 4 years old for 6 months...

Thu, 10/04/2012 - 22:16 | 2858141 e_goldstein
e_goldstein's picture

or a wheelchair.

Thu, 10/04/2012 - 15:17 | 2856845 Metalredneck
Metalredneck's picture

I know a guy who got a DUI on a lawn tractor.  No shit.  He was driving the lawn tractor because he got a DUI in his car.  Then his wife left.  Whoo.

Thu, 10/04/2012 - 15:20 | 2856859 CrazyCooter
CrazyCooter's picture

Nope. True story (although DUI laws are state so there will be some variation).

I saw a drunk flip out and spew explicatives in the beer/liquor part of the grocery store once. Totally smashed. Stumbles out the door, gets on his bike and (amazingly) manages to ride it through the lot to go where ever ... and get busted when the cops showed up.

If you are drunk, you better be walking or riding as a passenger ... or its DUI city.

Regards,

Cooter

Thu, 10/04/2012 - 15:45 | 2856992 Skateboarder
Skateboarder's picture

Even if you're walking, they'll either give you a DIP (drunk in public) or take you to the drunk tank till you blow 0.00. Happened to a couple of friends of mine - they were simply WALKING, man. WTF!

Thu, 10/04/2012 - 16:06 | 2857098 Strider52
Strider52's picture

My GF at the time got a DUI on roller-skates. No shit.

Thu, 10/04/2012 - 16:22 | 2857171 disabledvet
disabledvet's picture

Who can afford to drink anymore? I mean not even a frigin beer is safe anymore? Anywho fuel costs have surged today up here as well. Stay long Texas, Alaska and North Dakota. Ideally the Bank of North will start issuing currency back by their massive oil reserves and break the back of this Jewish Confetti. I did see Morgan Stanley has already fled the country to Qatar. Odd...so much here in the USA...unless your a citizen of course.

Thu, 10/04/2012 - 17:00 | 2857315 CrazyCooter
CrazyCooter's picture

I am personally long Alaska.

I do see the economy of ~750k people in a state that comprises approx. 20% of the land mass of the US managing to keep its fiscal house in order while the shit hits the fan.

I do not see the state issuing its own commodity backed currency. If you want a piece of the pie, move on up!

Regards,

Cooter

Thu, 10/04/2012 - 21:00 | 2857988 Ahmeexnal
Ahmeexnal's picture

You'd better be prepping for when the combined red armies (China, VietCong, North Korea, Russia) launch their Alaska invasion.

Fri, 10/05/2012 - 00:39 | 2858372 mt paul
mt paul's picture

alaska state pension funds 

undefunded by 11 billion...

oil revenues dropping daily ..

Thu, 10/04/2012 - 17:50 | 2857470 Overfed
Overfed's picture

Extreme DUI laws are a great way to sqeeze the plebes for $$. And nobody will bitch 'cause it's a "public safety" issue.

We're fucked.

On a side note, ever try riding a bike when you're drunk? It sucks. Driving is much easier. ;-)

Thu, 10/04/2012 - 15:31 | 2856927 Pants McPants
Pants McPants's picture

I haven't gotten a DUI, but I was issued a $128 ticket for timing a stoplight in suburbia a few months ago.  Cop got on his blowhorn and everything....impeded church traffic.

The worst part was issuing the ticket wasn't enough.  The dickweed felt I needed a lecture (I'm in my mid-30s) about safe cycling practices.  I said, "I get it" in the middle of his lecture and he wrapped it up.

While he lectured, I kept thinking, is it worth my time to explain to this tard that I understand cars outweigh me by a factor of 10?  Add in force of impact and, well, I get that I don't stand a chance.  Somehow I doubt he would have understood that because I have the most to lose I'll probably be extra careful.

Silly laws should not be obeyed.  I suppose the only good to come out of this was making a few lemmings late for church.

Thu, 10/04/2012 - 15:37 | 2856952 max2205
max2205's picture

Obama asked for no increases till December....

Thu, 10/04/2012 - 16:18 | 2857156 RmcAZ
RmcAZ's picture

I just paid $4.35 on Tuesday for premium at a Sacramento-area station... same station is now $4.75 today (Thursday).

Thu, 10/04/2012 - 16:27 | 2857187 Oldballplayer
Oldballplayer's picture

Boy you guys are making Terhan look good by comparison.

Thu, 10/04/2012 - 18:59 | 2857691 Zap Powerz
Zap Powerz's picture

You know, sane people left California a long time ago.  What's your excuse for still living in such a fucked up place?  (No offense, maybe youre governor).

Thu, 10/04/2012 - 21:02 | 2858001 Ahmeexnal
Ahmeexnal's picture

The problem is those "sane" cali sheeple who left, moved to AZ, NM, TX and ruined those fine places.

Thu, 10/04/2012 - 17:12 | 2857364 Renewable Life
Renewable Life's picture

That or make your own biodiesel and drive an electric car like we do, and don't sweat this shit for a minute!! Oh and too all the haters, I still drive my BMW 745 once a month and my Chevy truck once a week for work, so I do spend about $50 a month on gas, so don't worry I'm not given up a fucking thing in the ego department, to NOT spend money every day on gas!!

We love our electric car and our biodiesel Mercedes, and now all the neighbors are asking all kinds of questions as there gas bills skyrocket out here in CA, when six months ago they were chuckling!! We also grow a majority of our own food too, so between the skyrocketing fuel and food prices out here in CA, I'm the only one in town that's still chuckling!!

And BTW I'm no fucking liberal! I'm just self sufficient, entrepreneural, and getting my ass prepared for what's coming!!

Thu, 10/04/2012 - 19:02 | 2857700 ForTheWorld
ForTheWorld's picture

Why is there a link between your ego and the car you drive? It's just a different type of vehicle to get around in. A link like that sounds like "keeping up with the Jones'".

Thu, 10/04/2012 - 17:52 | 2857475 A Nanny Moose
A Nanny Moose's picture

No....make sure you have a locking gas cap.

Thu, 10/04/2012 - 14:56 | 2856713 lolmao500
lolmao500's picture

Another bullish sign for oil :

Report: Turkey Demands US Impose No Fly Zone Over Syria -

Thu, 10/04/2012 - 14:58 | 2856727 redpill
redpill's picture

Turkeys are just pissed off they can't fly to begin with.

Thu, 10/04/2012 - 15:12 | 2856815 Ivanovich
Ivanovich's picture

LOL!

Thu, 10/04/2012 - 15:13 | 2856818 aheady
Thu, 10/04/2012 - 20:20 | 2857905 Hulk
Hulk's picture

Sorry to be the one to break this to ya, RP, but Turkey's fly just fine...

Thu, 10/04/2012 - 16:26 | 2857186 disabledvet
disabledvet's picture

All part of the plan. Did I say it was a good plan? I don't recall. But it's Governor Perry's poll numbers that are causing this I believe...

Thu, 10/04/2012 - 15:00 | 2856715 Insideher Trading
Insideher Trading's picture

Good.

Californians can walk for all I care, it's a state full of retards that I wish would just slide into the ocean. I wouldn't shed 1 tear.

Another reason taxes are great

http://www.api.org/Oil-and-Natural-Gas-Overview/Industry-Economics/~/med...

If you live in a red state in the above map your fellow neighbors are voting the wrong way.

 

Thu, 10/04/2012 - 15:00 | 2856738 slaughterer
slaughterer's picture

We cannot let California slide into the ocean: what state will make IPA beer for us then?  

Thu, 10/04/2012 - 15:04 | 2856754 BeerBrewer09
BeerBrewer09's picture

I make a killer Citra IPA in Penna.

Thu, 10/04/2012 - 15:31 | 2856900 akak
akak's picture

Damn, are you really drinking isopropyl alcohol (IPA), also commonly known as "rubbing alcohol"?

I guess some people will do ANYTHING for a buzz.

 

Thu, 10/04/2012 - 16:59 | 2857313 RockyRacoon
Thu, 10/04/2012 - 19:06 | 2857715 ForTheWorld
ForTheWorld's picture

India Pale Ale.

Thu, 10/04/2012 - 19:22 | 2857733 akak
akak's picture

Really?

Beer from India?

Sounds rather esoteric --- but then, I am not a beer drinker.  Never could develop a taste for the bizarre bitter stuff.  Now homemade hard cider, on the other hand --- THERE is a good drink!  Sadly, I no longer live in a state with apple orchards all around me, as I used to.

Thu, 10/04/2012 - 19:30 | 2857801 Flakmeister
Flakmeister's picture

It was hoppy so as to "weather" the journey by sailing ship from Britain to India.....

Thu, 10/04/2012 - 19:43 | 2857834 akak
akak's picture

I have always wondered why, of ALL the plants that could POSSIBLY have been used to flavor beer, those vile bitter hops were chosen over everything (and anything!) else.  I think it is the nasty flavor of hops, more than anything else, that ruin beer for me.

(That, and the inability to belch after drinking a grossly overcarbonated beverage.)

Thu, 10/04/2012 - 15:06 | 2856764 Skateboarder
Skateboarder's picture

Slaughterer's right, y'know. Lose Cali, and you've lost yourself a bunch of excellent IPA. Only beer-loving Californians know the extent of how blessed we are with some of the best microbreweries ever. Of course, brewing your own is always righteous. Prices for ingredients have shot up like crazy though... it used to cost $10 - $15 to brew a batch. It's like $50 now!

Thu, 10/04/2012 - 15:09 | 2856792 slaughterer
slaughterer's picture

Unless we can relocate 

Stone Brewery

Coronado Brewery

Hoppy Face Brewery 

et.al.

to, say, another state,

California has to stay on this planet.

Plus the surfer chicks north of SD are pretty nice to party with.  

Thu, 10/04/2012 - 15:13 | 2856809 redpill
redpill's picture

There's some decent distilleries as well.  And the wine is pretty f'n good too.

 

Maybe they could just annex San Francisco and Sacramento to China, that way we'd only lose Anchor Steam.

 

Thu, 10/04/2012 - 15:21 | 2856843 slaughterer
slaughterer's picture

The Chinese can take away Anchor Steam, but not Hoppy Face (San Fran).  All the San Diego microbreweries must remain in the USA>   NO exceptions.  

Thu, 10/04/2012 - 15:22 | 2856876 slaughterer
slaughterer's picture

What Cal. rock bands do we rescue?

We let "Tool" survive, but maybe toss "Stone Temple Pilots"

Thu, 10/04/2012 - 15:27 | 2856903 Everybodys All ...
Everybodys All American's picture

Hey how about bringing back "Eddie sound Money" then we can all play.

Thu, 10/04/2012 - 15:27 | 2856905 redpill
redpill's picture

STP is from San Diego, so they can stay.  Maynard already retired to Arizona to make wine.

 

Thu, 10/04/2012 - 15:37 | 2856954 Pants McPants
Pants McPants's picture

I kinda like Slightly Stoopid, and the Red Hot Chili Peppers can still get it done.

I lived in San Diego for over three years.  Loved it, but when it was time to go, it was time to go.  California is not my kind of place, but I'd love to visit.

And you're right about SoCal beers.  Damn good, except I never really liked Anchor Steam.

Thu, 10/04/2012 - 15:49 | 2857017 Skateboarder
Skateboarder's picture

Anchor's my favorite brewery. The steam beer is an acquired taste... they do have several other excellent beers, you know. Brekle's Brown is an excellent brown. I urge you to go visit the brewery - it's true to the core spirit of brewing. Real people making real beer there... no bullshit, no snobbery, no facades.

Thu, 10/04/2012 - 16:27 | 2857191 Sweet Chicken
Sweet Chicken's picture

The Deftones are the best band to come out of California in the past 20 years.

Thu, 10/04/2012 - 16:39 | 2857237 Skateboarder
Thu, 10/04/2012 - 16:49 | 2857275 Sweet Chicken
Sweet Chicken's picture

They rock too but I get tired of the stoner rock. I just don't think it stacks up against albums like Adrenaline and Around the Fur. Funny I'm a skater too, where you from, I used to live in the south bay for 14 years?!

Thu, 10/04/2012 - 18:31 | 2857605 Skateboarder
Skateboarder's picture

Been in the South Bay for a long while meself - Cupertino area. Some of the best skateparks propped up here in the last decade.

Thu, 10/04/2012 - 16:49 | 2857269 SubjectivObject
SubjectivObject's picture

I was stunned by an Anchor beer; couldn't get the taste of copper out of my mouth for long hours after.

Thu, 10/04/2012 - 17:47 | 2857465 Freddie
Freddie's picture

Fukashima MOX Steam Beer - coming soon to the West Coast.   F Yeah!

Thu, 10/04/2012 - 15:22 | 2856872 BeerBrewer09
BeerBrewer09's picture

24 lbs grain ~$10-$12 / 1 lbs hops ~$8-$18 / Yeast $8 / Propane ~$8 / Misc. $5    *prices all assume bulk purchases

My last IPA looked like that and I got 10 gallons of 7.7% abv / 102.7 IBU beer.

Repitching on yeast cake saves you the $8 every time...

The time committment is around 7 hours per 10 gallons.

Thu, 10/04/2012 - 15:24 | 2856887 slaughterer
slaughterer's picture

+1  What type of yeast you using?  For me, the yeast makes it or breaks it.  

Thu, 10/04/2012 - 15:38 | 2856959 BeerBrewer09
BeerBrewer09's picture

Prefer WLP001 for IPAs, although WLP008 disappears quite well, which makes for good IPA. White Labs also makes 090 which is a super strain, good for high test beers.

Thu, 10/04/2012 - 16:30 | 2857201 Citxmech
Citxmech's picture

Up here in WA state - hops grows really wonderfully!  We've got two vines in the yard that produce more than I can use.  Malt is bit tougher to do yourself, so we're kinda stuck there.  Barleywines are my fav.  Yum!

Thu, 10/04/2012 - 16:44 | 2857252 DaveyJones
DaveyJones's picture

beer is one of the oldest currencies

Thu, 10/04/2012 - 17:43 | 2857451 Citxmech
Citxmech's picture

True!  I actually barter with some of my beer-making neighbors - Hops for finished brew.  Now that's a winning deal for all involved.

Fri, 10/05/2012 - 00:43 | 2858382 mt paul
mt paul's picture

don't tell the bernak

he'll start brewing beer..

Thu, 10/04/2012 - 15:07 | 2856779 Overfed
Overfed's picture

Oregon.

Thu, 10/04/2012 - 16:09 | 2857110 Abiotic Oil
Abiotic Oil's picture

No more Kalifornians in Oregon PLEASE.  Just had more of them move in near me.  They were walking by and started complaining about all the hunters killing deer as deer season just started.

I said, "Like the one over there hanging off my kids playset, that I just skinned?"

 

Thu, 10/04/2012 - 16:27 | 2857190 Chaos_Theory
Chaos_Theory's picture

Save the deer...hunt the Kalifornians

(reminds me of an old Bloom County comic strip from the '80s where the kid with glasses went hunting with Grandpa...who was hunting liberals and using his "liberal call" whistle that emitted cries of "gun control, welfare, no nukes" and then a Welcome-Back Kotter looking liberal popped out of a bush echoing "no nukes, no nukes!" and then yelled "socialized medicine!" after Grandpa fired the gun)

Thu, 10/04/2012 - 17:53 | 2857479 Freddie
Freddie's picture

I like deer and bears better than Kalifornicating libturtds.

OR is a gorgeous state if the F CA transplants would all go Hale Bopp and off themselves.

I think they talked about O police state and his UN buddies.  PA has about 1.1 million hunters - most with scoped rifles.  PA, NY, MI, TX and WS (?) - I think have about 5.5 million hunters.   FL and GA have about 1.6 million CCWs.   Hey UN - bring it!

 

Thu, 10/04/2012 - 18:04 | 2857516 Overfed
Overfed's picture

Yeah, I don't want any more Kalifornia Kommies up here either.  I was just mentioning that there are some damn fine breweries in Oregon. Like Bridgeport, Deschutes, Mactarnahan's, Full Sail, and Widmer. Here in WA, we have Dick's (don't laugh),  Pike, Pyramid (not as good as when they were in Kalama, IMO), Redhook. Not to mention you can't swing a dead cat without hitting a little brewpub, even in towns as small as 10,000 pop.

Kalifornia can slide off into the Pacific, we'll still have good beer.

Thu, 10/04/2012 - 15:38 | 2856956 Big Swinging Richard
Big Swinging Richard's picture

Two of the best IPAs I've ever had.  Come on up here to Oregun, most Kalifornians do anyways.

http://www.bridgeportbrew.com/drink#?cb=india-pale-ale 

http://beeradvocate.com/beer/profile/5316/942 

Thu, 10/04/2012 - 15:45 | 2856993 Ham-bone
Ham-bone's picture

Plus it hasn't rained here in Portland since June...seriously not a single raindrop since June.  Portland appears to be taking on what used to be Ashlands weather...500 miles to the south.  Always like Ashland and nice it came to me.

Thu, 10/04/2012 - 16:46 | 2857258 DaveyJones
DaveyJones's picture

seattle's breaking dry records too

Thu, 10/04/2012 - 19:10 | 2857737 ForTheWorld
ForTheWorld's picture

Anything by Bridgeport, or Deschutes, is fantastic. If you care to venture up to Victoria, BC some time, anything that comes from Phillips Brewery (I recommend the Slipstream Cream Ale) is brilliant.

Thu, 10/04/2012 - 19:16 | 2857764 sessinpo
sessinpo's picture

Your leftist president can make you beer out of the whitehouse

Thu, 10/04/2012 - 15:09 | 2856775 HelluvaEngineer
HelluvaEngineer's picture

.

Dangit Redpill beat me to it.

Thu, 10/04/2012 - 15:13 | 2856816 jomama
jomama's picture

it's a state full of retards

 

that's so far from the fucking truth it's not even amusing.

but don't let me keep you from your vitriolic rant, bikini avatar guy.

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