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Lundberg Letter Current Issues    
Issue DateTitleSubjectsCAPTION
Nov 19 2018
Arco's New Owner Debuts at No. 1
UPDATE: SHARE OF MARKET IN THE WEST
Market Share

Regional

Western gasoline demand hit its all-time high last year and is on course to grow again in 2018 despite shrinkage in laggard California. There is a new boss in town in terms of share of market in the 12-state region: Ohio-based Marathon Petroleum. We present shares over time and check gallonage gains and losses around the region.
Nov 12 2018
California's Global Warming Regs
PRICE PUMP PENALTY PROGRAMMED TO RISE
Regulations

Retail Price

Demand
California regulators have set a half gallon per capita per day gasoline diet for 2030. So demand will have to fall 40% from current usage, per government diktats. How high must the retail price go to achieve this? Will California motorists and voters take this lying down? Herein we measure impacts of state climate change prevention programs on California's gasoline market. Does the California fuels industry have Stockholm Syndrome?
 

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