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This should have an interesting impact on CA gas prices. I see news of gas prices dropping and prices have only gone up over the last months in CA. So I don’t

This should have an interesting impact on CA gas prices. I see news of gas prices dropping and prices have only gone up over the last months in CA. So I don’t see this being a net positive in prices.

dragonwriter 3y ago
> I see news of gas prices dropping and prices have only gone up over the last months in CA. California average per gallon prices for regular, mid-grade, and premium gasoline, as well as diesel, are all down over the day, week, month, and year, and down more as the time period gets longer. (Your particular local area or preferred gas station--or your subjective impression from those--may be up, but...) https://gasprices.aaa.com/?state=CA https://gasprices.aaa.com/?state=CA
toomuchtodo 3y ago
https://www.latimes.com/california/story/2023-08-03/newsom-electric-car-sales-in-california-reached-an-all-time-market-share-last-quarter https://www.latimes.com/california/story/2023-08-03/newsom-e... (“1 in 4 new cars sold in California last quarter were EVs, an all-time high”) https://www.kbb.com/car-news/a-tesla-model-3-for-20k-yes-in-california/ https://www.kbb.com/car-news/a-tesla-model-3-for-20k-yes-in-... (“A Tesla Model 3 for $20K? Yes, in California”) Doesn’t have to be a Tesla of course, any EV will do. If prices don’t increase and stay elevated, there is little incentive to migrate off of fossil fuels for light vehicles (and generous incentives are being provided to help migrate).
- JumpCrisscross 3y ago
  50% for EVs and hybrids in the Bay Area [1]. We’re approaching the point where the region’s gas prices start accelerating upwards as the economics of its distribution begin failing. [1] https://www.spglobal.com/mobility/en/research-analysis/firstever-major-us-metro-area-hits-50-electrified-vehicle-regi.html https://www.spglobal.com/mobility/en/research-analysis/first...
- toomuchtodo 3y ago
  Additional citation: https://insideevs.com/news/690613/tesla-prices-fall-below-average-car-costs/ https://insideevs.com/news/690613/tesla-prices-fall-below-av... ("Tesla Prices Fall Below Average US Car Costs, Model 3 On Par With Toyota Corolla")
flandish 3y ago
Capitalism will always figure out how to pretend to mold “supply and demand” to enable maximum profit extraction.
- rank0 3y ago
  And here we see the average HN user in their natural habitat: complaining about capitalism on a startup accelerator forum.
  - fuzzfactor 3y ago
    You could be right but OTOH the same comment could literally be interpreted as complete endorsement of capitalism. Who would it be doing the complaining then?
    - rank0 3y ago
      It’s clearly not…he says “pretend to mold” It’s like saying: > physics will always pretend to mold the laws of thermodynamics to prevent perpetual motion. And you go: > this could be read as an endorsement of thermodynamics!

dragonwriter 3y ago

> I see news of gas prices dropping and prices have only gone up over the last months in CA. California average per gallon prices for regular, mid-grade, and premium gasoline, as well as diesel, are all down over the day, week, month, and year, and down more as the time period gets longer. (Your particular local area or preferred gas station--or your subjective impression from those--may be up, but...) https://gasprices.aaa.com/?state=CA https://gasprices.aaa.com/?state=CA

toomuchtodo 3y ago

https://www.latimes.com/california/story/2023-08-03/newsom-electric-car-sales-in-california-reached-an-all-time-market-share-last-quarter https://www.latimes.com/california/story/2023-08-03/newsom-e... (“1 in 4 new cars sold in California last quarter were EVs, an all-time high”) https://www.kbb.com/car-news/a-tesla-model-3-for-20k-yes-in-california/ https://www.kbb.com/car-news/a-tesla-model-3-for-20k-yes-in-... (“A Tesla Model 3 for $20K? Yes, in California”) Doesn’t have to be a Tesla of course, any EV will do. If prices don’t increase and stay elevated, there is little incentive to migrate off of fossil fuels for light vehicles (and generous incentives are being provided to help migrate).

JumpCrisscross 3y ago
50% for EVs and hybrids in the Bay Area [1]. We’re approaching the point where the region’s gas prices start accelerating upwards as the economics of its distribution begin failing. [1] https://www.spglobal.com/mobility/en/research-analysis/firstever-major-us-metro-area-hits-50-electrified-vehicle-regi.html https://www.spglobal.com/mobility/en/research-analysis/first...
toomuchtodo 3y ago
Additional citation: https://insideevs.com/news/690613/tesla-prices-fall-below-average-car-costs/ https://insideevs.com/news/690613/tesla-prices-fall-below-av... ("Tesla Prices Fall Below Average US Car Costs, Model 3 On Par With Toyota Corolla")

flandish 3y ago

Capitalism will always figure out how to pretend to mold “supply and demand” to enable maximum profit extraction.

rank0 3y ago
And here we see the average HN user in their natural habitat: complaining about capitalism on a startup accelerator forum.
- fuzzfactor 3y ago
  You could be right but OTOH the same comment could literally be interpreted as complete endorsement of capitalism. Who would it be doing the complaining then?
  - rank0 3y ago
    It’s clearly not…he says “pretend to mold” It’s like saying: > physics will always pretend to mold the laws of thermodynamics to prevent perpetual motion. And you go: > this could be read as an endorsement of thermodynamics!