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Transportation infrastructure plays a huge part in the overall ability to respond to supply/ demand inbalances. Pipeline transportation is the most effecient, from a cost standpoint, however the location of existing pipelines, the fact that they run at very high utilization rates, doesn't leave a lot of room to move product at the margin. Barges and tank truck alternatives have higher costs, and their own limitations. This does leave certain markets very exposed to higher prices due to supply problems. The gulf coast, with its high level of refinery capacity, multiple pipelines, and barge access offers many avenues for companies to respond. California has limitations in all of these areas, resulting in longer periods of high prices due to disruptions in the infrastructure.
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8 Porsche's to date, after many years of looking 1999 C2 Cab, Ocean Blue over tan Leather.
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