The RHATT Pack Watch
Today is Wednesday, January 9th, Day 259 of the Rhatt Pack Watch.
Gas prices have drifted down a small amount, but the Red-face Ratt and the “Cousins” continue to gouge the residents and visitors in Hamilton, Columbia and Suwannee Counties. As previously noted in the Watch, there is a Global crude petroleum glut. In recent weeks, OPEC met and tried to take steps to lower Global production levels. Their efforts did not yield their intended goal. As a result, crude petroleum will continue to be produced at a highter rate than it’s being consumed. The Glut will continue and OPEC Countries will compete against each other to sell their production. And the price for crude petroleum will fail further.
As you might guess, this creates another problem. With very few exceptions, there is very limited storage capacity for crude petroleum globally. The exception is to pump excess crude into strategic, underground storage locations like salt mines. Even this option has limitations and at this point in time, no nation is purchasing crude for strategic storage.
Regarding refined products, the situation is even more dire. Basically, all refined storage and pipelines are near capacity today. Fuel efficient vehicles have reduced demand. All of this added together means pump prices are too high due to the Ratt’s and his “Cousins” continued Gouging and their costs will continue to drop. Gouging needs to stop and pump prices need to drop significantly.
Let’s think about this for a minute. According to Gas Buddy, the pump price for regular in Jacksonville, which experiences the same costs and taxes as Hamilton and Columbia (Suwannee is a little higher) is as low as $1.92 / gallon. Further Gas Buddy indicates in Valdosta, the pump price for regular is as low as $ 1.72 / gallon.
While pump prices vary, the average in this area for regular appears to be around $2.18 / gallon. That’s $0.46 / gallon higher than Valdosta’s low. The distance tha truckers need to drive to bring fuel to Valdosta, Hamilton or Columbia is about the same. For a typical 8,000 gallon truck, that translates to an additional $3,680 profit for the Ratt and the “Cousins”, or more appropriately Gouging residents and visitors of an additional $3,680.
By the way, the profit and Gouging are even higher on mid-grade and premium fuels. When crude petroleum is processed through, a fractionating tower or reforming unit, all hydrocarbon chain molecules in different proportions, the refinery can produce any grade. Virtually the same cost whatever the grade. Adding $0.25 or $0.50 / gallon for mid- or premium grades is almost pure profit or Gouging. The Ratt and his “Cousins” do it and get away with it. It needs to change.
If you want to end Gouging, get on the backs of every County Commission Member, every City or Town Council Member, every State Senator and State Representative and the Governors’ office. All of them like to hear from happy constituents. They don’t like to hear from irate constituents.
When you make your voice heard, exceptthe White Springs’ Ratt and the “Gang of Three” members Mindless “Splain it to me” Vice Mayor Tanja and illegal alien Suck-up “Mini-Me Despot” Mayor Lofty, officials hear you and work to improve the situation. So stand-up and speak-out. Gougers don’t like to have sunshine placed on them. They would rather drop prices and stand in the shadows. You forced these Gougers to start dropping prices, now force them to drop their prices until they match the lowest pump prices available. While you’re at it, let’s clean up all of White Springs’ Town Hall. It’s filled with criminals who need more Sunshine Falling on them. If you know of crimes in Town Hall, or you know someone who does, call the FBI office in Jacksonville (904) 248-7000. This is your Town! Take it back!!