Boneheads
You live on a frickin’ island. An island in the middle of the Pacific Ocean. You’re so far out you can’t even make a map of the U.S.. They give you a little ‘Hawaii’ box, for God’s sake! Things have to go thousands of miles BY BOAT to get to you. That costs more money than a freight train to Topeka or a semi to Sioux City. And why it cost us lots of money if we want to fly to your island (ISLAND!!) to spend our money. So STFU. Ride a bike, paddle an outrigger. Because you’re going to be the first ones screaming when no one can afford to send your dumba$$es any oil.
Hawaii sets caps on wholesale gas prices
Some analysts warn move may spur supply problems
HONOLULU – In an effort to gain some control over what motorists pay at the pump, Hawaii on Wednesday became the first state in the U.S. to set caps on the wholesale price of gasoline.
The 2004 law authorizing the caps was intended to force Hawaii’s two refiners, Chevron Corp. and Tesoro Corp., to set their wholesale prices closer to mainland rates. Proponents of the law said the refiners were taking advantage of the small, isolated market to charge exorbitant prices.
(And from the prices I see in the background of the photo AND in the text, I know people in California would be happier than dog schnoodles to pay $2.76 a gallon. So STFU and quit being stupid.)
Nanny State | Mr. Bingley | 
August 25, 2005 3:33 pm
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Perhaps they’ll cut a side deal with the other box state for some oil on the side.
“Give to me Alaska. Give to me with plenty of lube.”
Awww. That was nasty. Sorry. Well, no, I’m not sorry.
“happier than dog schnoodles”? That’s exactly what I paid yesterday and I was not one bit happy.
BTW, does the law actually require the companies to provide gasoline? I see a very easy way out for them if they don’t want to sell at the mandated prices.
The only surprising thing is that they didn’t limit the low prices to ethnic Hawaiians. They tend to do things like that.
(Oh yeah they do! What’s up with thht crap?!)
Oh, I understand how the come up with that crap. What I don’t understand is how they get away with it (you know, Constitution and such).
Um, they CAN’T get away with that. They’ve been repeatedly sued and smacked down about shit like that, as even the Ninth Circuit recognizes blatant violations of Equal Protection (most of the time).
Theay actually have two refineries. That’s really nice for a state that small. This is the quickest way to shut down those refineries that I know of. Then they will have to paddle their outriggers to the mainland for gas. Paying for gas refined on the mainland is going to be a heck of a lot more expensive than refining the crude before it had to make a trip somewhere else. I mean, they must have tankers come in straight from the Gulf to feed those refineries. Add the expense of a trip to a US refinery and a trip back with the gas, and they’ll long for the days of $3.00 per gallon prices.
Exactly my thoughts, John. What kind of goombas are running that dept? These are global market forces, not petty decisions by the plant managers at the refineries. (“Ooooh! We need an extra $50,000 this week! Jack up the gas another penny!”)
Boneheads.
Yet another example of the ignorance of practical economics by clueless politicians.
Now JEB and the bunch here did do something last summer that was futile, but impacted no one but state revenues. They suspended the state portion of the gas taxes for a month. Nice gesture. I think the state lost $60 million and then got smacked by Ivan the next month. But it was still a nice gesture.
Can’t see them doing it this year.
Hawiian Pols Do a Favor for Economics Professors