This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Arizona Gas Prices and Sales Contracts
Category:
State:
Multi-State
Control #:
US-OG-799
Format:
Word;
Rich Text
Instant download
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How to fill out Gas Prices And Sales Contracts?
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FAQ
There are no oil refineries in Arizona, so almost all of the state's gasoline is imported from California via the ?West Line? and Texas via the ?East Line?.
"New and continued refinery issues in some regions have had an oversized effect on gas prices in some states, especially in Southern California, Arizona, and Nevada,? De Haan said in his research blog. The Phoenix area gets much of its gas from California, which is seeing prices spike amid refinery issues.
Oil refineries have been a partial cause for the higher gas prices in the past couple years. It's one thing to have a low gas supply, but it's another thing to have low capacity to refine the gasoline. We saw that hit hard in 2022, when gas inventories were at their lowest seasonal level since 2019.
Generally, the markup (or ?margin?) on a gallon of gas is about 15 cents per gallon (gross profit before expenses). Factoring in expenses, which include rent, utilities, freight, labor and credit card fees, a retailer is left with about 2 cents per gallon in profit.
September 2023 Gasoline Price Updates Mississippi has the cheapest gasoline prices in the U.S., where the average cost is $3.29 per gallon. ... Louisiana has the second-cheapest gas, with the average cost hitting $3.36 per gallon. Coming in third place is Texas, with gas prices at $3.38 per gallon.
First, Arizona has no refineries of its own, so all gas has to be delivered from out-of-state refiners. Second, the Environmental Protection Agency and state regulations require a special blend of oxygenated gasoline called Clean Burning Gas, or CBG, in Maricopa County to help keep down air pollution in metro Phoenix.
Some parts of Arizona are supplied by California refineries: Patrick De Haan, head of petroleum analysis at Gas Buddy, said last month that some parts of Arizona obtain their gas from refineries in Southern California, which have much more expensive gasoline because the Golden State's regulations on refineries add to ...
Gas station proprietors, like other business owners, are free to charge whatever they want, as long as they don't engage in illegal practices, such as price fixing or gouging. Branding and pricing strategies often come into play at this stage, said Patrick De Haan, head of petroleum analysis for GasBuddy.
