Years ago I read that some oil companies are heavily-invested in the electricity generation..
Yes, and I think it works well for the local gas stations. Many of the larger ones now have chargers or soon will have, such as the Pilot station I used yesterday. Those waiting for a charge to finish, takes more time than fueling up. But sometimes seems like less hassle than waiting for cars at the pumps at a busy station. The norm is to just drive up to the charge stations with no wait (but a few areas in CA are exceptions to that, such as very busy Silicon Valley where it seems almost every car is EV).
Anyway, that usually means those charging go into the store-and not in a hurry--that is where most gas stations make their most money.
Yeah, some oil companies realize the need for gasoline & oil will be less over the years and they will need other investments.
Yep, that was the governors choice to close fuel refineries, and purposely inflate liquid fuel prices.
Which also affects here in Reno:
"
the vast majority of gasoline in Reno, NV, comes from California. Approximately 88% of Nevada's total gasoline and 100% of the Reno market is supplied by refineries in the San Francisco Bay Area via the Kinder Morgan SFPP North Line pipeline. "
This is why the gasoline in eastern NV is more than a buck cheaper:
"
Gasoline in eastern Nevada primarily comes from Utah via the UNEV pipeline, which carries about 15% of Nevada’s total fuel and serves parts of eastern Nevada."
However, a home charge for an EV in Reno is MUCH cheaper than most parts of CA which has PG&E. Here in Reno, NV Energy is the electric company.
PG& E has a lot of bills and lawsuits to pay off because of the fires started by them. They are now moving many power lines underground as they trim tress and more.
BTW, I wonder how much faster the gasoline price would raise if there were no EVs. And they would probably do the same BS as in the late 1970's and have the mile long gas lines and back to a 55 MPH nationwide max speed law.
One nice thing about living in an expensive area is that gas seems dirt cheap no matter where I drive my RV to. I just need to have enough gas in it to get well past CA and Reno ($5.50 per gallon here). The 80 gallon tank in my Class A means I can fill up where the gasoline is cheaper. 50 gallons in my Class C.
Fernley is cheaper for gasoline but more expensive for diesel than here in Reno. I know Reno has a local tax on gasoline, perhaps a lot less in Fernley.
"Reno, Nevada has a local gasoline tax that is part of the highest fuel tax structure in the state. The Regional Transportation Commission (RTC-5) tax is currently approximately 43 cents per gallon (specifically $0.4379 as of July 2022) and is subject to annual inflation adjustments approved by voters in 2008.
In addition to the RTC tax, Washoe County residents pay local county taxes of roughly 11 cents per gallon, which are distributed to the cities of Reno, Sparks, and the county for road maintenance. When combined with the Nevada state excise tax (approx. 23.8 cents), cleanup fees, and federal taxes, local levies account for nearly 60 to 70 cents of the total price per gallon. "
-Don- Reno, NV
