Originally posted by novaderrik:
how much more does it cost to ship gas to Hawaii than to somewhere on the mainland?
that has to be factored into the price.
prices here are going down- i saw $1.75 yesterday, compared to $1.89 as the lowest price at the beginning of the week.
Actually, Tesoro and Chevron both have refineries here, on the island. FWIW, the state sued all of the gas companies a couple years ago. Most pleaded no contest, paid a small fine (about $1m each), and sat the trial out. Chevron fought it, as they were the main defendants. When the courts finally got to their books, they found an astounding fact. Even though production at Chevron's Hawaii plant produced only 10% of the total production of gas companywide, profits from Hawaii sales were actually 50% of the total company profits. They've been soaking us for years. Has anything changed since this revalation? No. Everytime prices go up, they stay up, never to come down again. Two years ago, gas was at $1.60/gal/reg. unleaded. Since then, every increase has just steadied out, not to come down. A couple weeks ago, there was an article about this trend in the paper. So now the prices dip $.02, wow!
Oh, well, at least we don't have to chop wood, or pay an oil bill too.