On the evening of Dec. 10, 2007, pilot Kenny Edwards got the order to fly a Continental Airlines Inc. commuter flight from Tampa, Florida, to West Palm Beach. He told his dispatch supervisor he wouldn’t do it.
California-blend gasoline in San Francisco strengthened to trade 4 cents above the same fuel in Los Angeles as refiners bought supplies off the market.
California, the most-populous U.S. state and biggest gasoline market, more than doubled the volume of oil it received by train in the first quarter as deliveries from Canada surged.
Retail gasoline prices climbed above year-earlier levels for the sixth consecutive week, tracking oil futures that rose above $100 a barrel on Sept. 14 for the first time since May.
"The incentive to bring heavy Canadian oil into the state by rail has been eliminated."
- David Hackett on Nov 06, 2014