Thursday, and perhaps more at unbranded independently owned
gas stations, which could push the average price of gasoline below
Night Live TV character who always finds the cloud inside every
Read the original story and see video footage from The Core Report HERE by reporter Roy L. Hales. Summary: This story outlines the basic bones of the plot between top bureaucrats at the California Public Utilities Commission and Southern California Edison (SCE) to funnel $3.3 Billion dollars into a bailout plan for the failed nuclear reactors at San Onofre.
The cost of surplus gasoline has collapsed by 28¢ in the last seven
days. In a normal market, Southern California gas prices should be
dropping like a box of hot rocks, but they aren't ... instead we are seeing
what anti-trust investigators have called the "feather" effect, or what
economists call "sticky prices." When former California Attorney General
Bill Lockyer investigated California gas prices, his analysts said "In California
gasoline prices go up like a rocket and down like a feather."
In the next few days, Southern California gas prices at a handful of