“Gasoline closing in on a record $5 a gallon prompted Governor Jerry Brown to direct California regulators to relax smog controls so oil refineries could increase supplies of cheaper fuel… [granting] refineries permission to make an early shift to winter-blend gasoline, typically not sold until after Oct. 31.”
Some have cited problems at refineries for the spike in fuel costs, some have put the blame on a short squeeze, some have suggested that policies and regulations that “insist refiners produce a specific blend of gas to meet tough state air quality standards” are the culprit, while others have been warning us for years of pending higher fuel costs due to peak oil.
Speculation, however, as to the causes of the price spike are a moot point. What matters is the admission by our representatives in government that our current economic system cannot support high oil prices, and that the environment and our health will be sacrificed to keep the machine churning.
Read more chycho
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