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California Dems Want State-Owned Oil Refineries

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Posted By: OhioNick, 9/28/2024 3:52:41 AM

It worked for Venezuela, it’s gonna work for California. [SNIP] Up next. State ownership of oil refineries. The California Energy Commission, meantime, has offered a list of 12 options for policymakers to help manage the industry decline while keeping gasoline prices stable and supply levels high. Beyond a minimum inventory mandate for gasoline storage, the possibilities include a limit on retail gasoline profit margins; a state lease or ownership of storage tanks and the gasoline that would fill them; a state lease or ownership of oceangoing tankers that hold emergency supplies of gasoline; and even a state takeover of one or more gasoline refineries.

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Reply 1 - Posted by: Highlander 9/28/2024 5:22:29 AM (No. 1803527)
They’re the cause of the problem and now they’re going to fix the problem? Instead of high gas prices, we’ll have no gas. Typical communists; no sense of economics and understanding of supply and demand.
19 people like this.

Reply 2 - Posted by: mifla 9/28/2024 5:25:07 AM (No. 1803528)
If CA wants to own a refinery, raise the taxes on the sheeple who voted for them and use the money to build one. Keep your hands off other people's property.
11 people like this.

Reply 3 - Posted by: Strike3 9/28/2024 6:21:18 AM (No. 1803582)
NO. Oil is a national concern and, given California's record of mucking up everything they touch, they can not be trusted to do anything right. Prices are not stable anywhere, they have been artificially lowered in the lead up to the election and will once again go through the roof if the Harris witch gets into office. If Newsom wants to control something he can start with his large criminal population and democrat politicians, but I repeat myself.
12 people like this.

Reply 4 - Posted by: Venturer 9/28/2024 7:07:21 AM (No. 1803597)
I can't think of a better way to destroy the energy in California than to have the dipsticks in California government running it.
14 people like this.

Reply 5 - Posted by: rikkitikki 9/28/2024 7:34:49 AM (No. 1803606)
It truly is a mystery to me why democrats believe the governement control of any commercial enterprise will improve the enterprise. I know there are many govt bureaucrats whose primary incentive is public service...but for every one of those, there is another whose only incentive is the preservation and perpetuation of their benefits. And that is a sure-fire recipe for inefficiency, waste, and corruption. Guaranteed, every time.
8 people like this.

Reply 6 - Posted by: Sorosisbehindit 9/28/2024 7:37:21 AM (No. 1803608)
This is how it started in Venezuela.
21 people like this.

Reply 7 - Posted by: Strike3 9/28/2024 7:39:40 AM (No. 1803610)
Heed the words of #6, we are faithfully following that pattern.
8 people like this.

Reply 8 - Posted by: enemyofthestate 9/28/2024 8:03:56 AM (No. 1803628)
Oh yeah... that'll increase supply and lower prices of oil and gasoline in California. Not. Has any member of that "Energy Commission" ever taken Economics 101 or worked in private industry?
8 people like this.

Reply 9 - Posted by: franq 9/28/2024 8:32:23 AM (No. 1803647)
The Post Office is a shining example. Amtrak too.
9 people like this.

Reply 10 - Posted by: BarryNo 9/28/2024 8:47:59 AM (No. 1803657)
What that means is the any state relying on California refineries will be paying 3-5 times as much as anywhere else as Democrats pocket the change.
5 people like this.

Reply 11 - Posted by: BarryNo 9/28/2024 8:51:06 AM (No. 1803659)
Speaking of fascism... That is fascism and is one of the first things Hitler did as he rose to power. Wonder when Newsome will have the unions slaughtered because they don't agree with him, all the time?
4 people like this.

Reply 12 - Posted by: EJKrausJr 9/28/2024 9:06:53 AM (No. 1803672)
The CPC (Communist Party of California) is beginning the state control of anything it can seize. The CPC is no surprise. It's where Newsom is the Chairman. California is on the road to fubar.
4 people like this.

Reply 13 - Posted by: NorthernDog 9/28/2024 9:41:53 AM (No. 1803697)
CA is still pushing to outlaw gas powered vehicles too. So there will be less incentive to supply gasoline to the market.
6 people like this.

Reply 14 - Posted by: DVC 9/28/2024 10:19:13 AM (No. 1803733)
Guaranteed results will be fuel shortages, closed refineries, higher gas prices, and long lines at the pumps. Gas rationing will happen, too.
5 people like this.

Reply 15 - Posted by: paral04 9/28/2024 10:47:31 AM (No. 1803758)
Just what they need. A bunch of DEI loonies controlling the petroleum production and distribution in the state. They can't manage the street crime and homelessness and they want to screw that up also. Time for the Red Blooded Californians to say NO!
4 people like this.

Reply 16 - Posted by: bamboozle 9/28/2024 11:17:38 AM (No. 1803770)
Let's not forget the multibillion train to nowhere that after many years hasn't turned a wheel.
6 people like this.

Reply 17 - Posted by: curious1 9/28/2024 1:56:39 PM (No. 1803837)
#16, but I'll bet you it has enriched many a demo-commie and their 'friends'.
3 people like this.

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It worked for Venezuela, it’s gonna work for California. [SNIP] Up next. State ownership of oil refineries. The California Energy Commission, meantime, has offered a list of 12 options for policymakers to help manage the industry decline while keeping gasoline prices stable and supply levels high. Beyond a minimum inventory mandate for gasoline storage, the possibilities include a limit on retail gasoline profit margins; a state lease or ownership of storage tanks and the gasoline that would fill them; a state lease or ownership of oceangoing tankers that hold emergency supplies of gasoline; and even a state takeover of one or more gasoline refineries.
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