Oil industry has little margin for error

Article Abstract:

The recent sudden and sharp increases in the prices of gasoline may turn out not to be a temporary occurence but one which could become a regularly occurring event that will affect US motorists. The cause of the price spikes according to analysts is the energy distribution system of the US, a system which has become very complex such that any disruption can result in higher prices. The disruptions can be caused by pipeline disasters, the malfunction of refinery equipment and other factors.

United States, Production management, Oil Products, Petroleum products

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California may soon pay $2 for gasoline

Article Abstract:

A gallon of gasoline may reach the $2 mark in California. The Energy Information Administration reported that the price of gasoline has increased by almost six cents more for a gallon of regular gas up to $1.71 and analysts are predicting the price to continue climbing. West Coast prices are increasing due to vvarious refinery bottlenecks and the rising price of crude oil in Alaska, the source for about a third of California's oil supply.

California, Consumer prices, Gasoline

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