We buy oil in competition with all other purchasers on the world market. But the bad spots are states (like Washington) that impose "green" tax surcharges. I heard recently that the national average price for gasoline was $ 4.50/gallon. Here in Washington, due to the "green" tax, the price is $ 6.50/gallon. But Trump counsels hope, on the strength of a huge market correction when the Strait of Hormuz is open (and when shippers arrange replacements for the risk insurance that Lloyd's of London cut off when this whole thing started). Lots of U.S. and Venezuelan oil entering the pipleline, but nothing happens all at once.
Oh, and another problem would be self-flagellation. California has driven all of its domestic refiners out of business by green regulation, and must now import its "boutique" legally-mandated recipe of gasoline from Barbados (or some other Caribbean island), requiring transit through the Panama Canal.
We buy oil in competition with all other purchasers on the world market. But the bad spots are states (like Washington) that impose "green" tax surcharges. I heard recently that the national average price for gasoline was $ 4.50/gallon. Here in Washington, due to the "green" tax, the price is $ 6.50/gallon. But Trump counsels hope, on the strength of a huge market correction when the Strait of Hormuz is open (and when shippers arrange replacements for the risk insurance that Lloyd's of London cut off when this whole thing started). Lots of U.S. and Venezuelan oil entering the pipleline, but nothing happens all at once.
Oh, and another problem would be self-flagellation. California has driven all of its domestic refiners out of business by green regulation, and must now import its "boutique" legally-mandated recipe of gasoline from Barbados (or some other Caribbean island), requiring transit through the Panama Canal.