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Gasoline prices in California came close to $4 per gallon on April 8. The average price at the pump climbed by 18 cents in the last month to $3.93 per gallon, according to the American Automobile Association (AAA). AAA spokesperson Jeff Spring said that the average price last topped $4 in November 2019.
Article by Virgilio Marin from Natural News.
In the San Francisco cash market, where refiners and retailers trade the motor fuel, the premium on gasoline for April deliveries went up by 2 cents to 12 cents a gallon, according to data compiled by Bloomberg. That is the highest premium since Jan. 7.
Cash market increases are typically passed to consumers after the fuel is moved down the supply chain.
In the Los Angeles and Long Beach cash market, the average pump price rose by 2 cents in the last week of March to $3.96 per gallon on April 7, as shown by figures from the AAA and the Oil Price Information Service. That is 17.3 cents higher than a month ago and 93.2 cents greater than a year ago, when global fuel prices plunged due to the Wuhan coronavirus (COVID-19) pandemic.
The average price in the neighboring cities had been rallying recently. It went up by a total of 73.1 cents since the start of the year, driven mainly by 59 consecutive increases in 60 days that totaled 57.9 cents. Increases stopped momentarily on March 21, then surged once again.
California eases pandemic restrictions
The price hike came as most of the state’s 58 counties had moved out of the highly restrictive purple tier in recent weeks. The majority are now either in the red, orange or yellow tier, all of which allow more businesses to reopen.
In the red tier, restaurants, museums and movie theaters can operate at 25 percent capacity or 100 people, whichever is fewer. Gyms can also open at 10 percent capacity while stores and malls can increase their capacity to 50 percent. Indoor gatherings are discouraged but allowed, with a maximum of three households. Bars that do not serve food must remain closed.
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In the orange and yellow tier, many of the aforementioned places can open indoors at higher capacity. Restaurants, for example, can operate at half capacity. In the orange tier, bars can reopen outdoors and smaller amusement parks can begin operations at 25 percent capacity. In the yellow tier, bars can start accommodating customers indoors at 25 percent capacity or 100 people, whichever is fewer.
The uptick in gasoline prices also came following California Gov. Gavin Newsom’s announcement of a statewide reopening of the economy in June. On April 6, Newsom announced that he would lift all restrictions except for mask mandates starting June 15. He specified that the move pushing through would be contingent upon a few factors, including hospitalization rates remaining stable and low.
But even before the announcement, demand had already been increasing as more Californians started to travel, said John Faulstich, an oil analyst at Stillwater Associates in Irvine, California.
Factors driving up fuel prices
Restrictions imposed as a result of the pandemic are some of the majors contributors to the sharp increases in pump prices. Oil cartels produced less oil last year to prop up oil prices as more people hunkered down at home due to pandemic restrictions. But these oil stewards had been slow to ramp up production as demand started to rebound in recent months.
“Crude, not demand, has been the main factor driving gas price increases this year,” AAA spokesperson Jeanette Casselano McGee said in February.
Bungled responses to the pandemic also knocked out refineries and cost thousands of Americans their jobs. By late last year, more than a dozen refineries had closed down, reducing America’s oil production by over a billion barrels a day.
“It’s possible some capacity could come back online in the 2022 to 2023 timeframe, but by and large, we think these closure announcements will mostly prove permanent,” Raymond James analyst Justin Jenkins wrote about the refinery shutdowns in a December report.
While fuel supplies remain stable, they have gotten a little tighter in California amid the increase in tourist activity. Data from the Energy Information Administration showed that gasoline inventory fell in the West Coast, as well as New England, last week. West Coast stockpiles, which are reflected mostly by California, dropped by 547,000 barrels to 30.9 million barrels. (Related: Hyperinflation begins: Supplies of everything are running short as prices soar.)
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Learn more about how pandemic restrictions disrupted the economy and drove fuel prices up at Pandemic.news.
Sources include:
Most “Conservative” News Outlets Are on the Big Tech Teat
Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.
I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.
The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.
We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), an Instagram profile (never made one), or a TikTok (no thanks, CCP). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.
Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would make the bold move. Today, only a handful of other major conservative news outlets have broken free from the Big Tech teat. Of course, we need help.
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We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.
Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.
While donations are the best way to help, you can also support us by buying through our sponsors:
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We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).
Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.
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