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doing this work in Honolulu. With this info at their fingertips how can Hawaii be leaning red?
My son lives on Kauai and when he gets back from Thailand I will be sure and read this to him over the phone..
"What’s really fueling gas prices ? During the state’s 1990s price-fixing lawsuit against large oil companies, executives admitted some astonishing things. Among the facts gleaned under oath: that Hawai‘i, which makes up 3 percent of ChevronTexaco’s domestic gasoline market, accounted for 23 percent of its U.S. profits. That number, while shocking, is in no way confusing—it simply means that ChevronTexaco was able to sell gas at a much higher profit in Hawai‘i than anywhere else in America, and at a time when prices here were the highest in the nation. You don’t have to be an economist to figure out what’s going on there. Every reporter and wannabe—from Joe Moore to Howard Dicus to Malia Zimmerman—seems bent on crushing support for the state’s new gas cap, but instead of yet another interview with yet another uninformed man on the street, why not put a microphone in front of an oil company executive? Ask him whether there is a market-driven explanation for why our gasoline is consistently the most expensive in the nation.
There isn’t. The biggest factor in pump prices is your dealer’s proximity to an oil refinery, and most Hawai‘i residents are closer to one of those than the vast majority of Americans are. On top of that, most of our oil, like much of California’s, comes from Southeast Asia. Why should it cost more here, where we’re closer to the source?
In those same 1998 depositions, an attorney for one of the oil companies argued that there was no competition in Hawai‘i’s gas market. Instead of putting the burden on legislative leaders to explain their efforts to give us relief, why not look into that stunning admission? And this may not mean anything, but ChevronTexaco is the biggest account of Communications Pacific, which is headed by Kitty Lagareta—Gov. Linda Lingle’s communications director.
To be fair, we first learned many of these things from the Honolulu Advertiser. Unfortunately, the Advertiser didn’t see it as “news”—we got it all from an op-ed by Ben Cayetano.—R.C."
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