Notice: This is not a City of Long Beach site.
Dear Readers: Please note that this is not a City of Long Beach website and is not paid for nor maintained by taxpayer funds.
If you contact Gerrie Schipske through this site on any matter pertaining to the City of Long Beach, a copy of your contact will be forwarded to her official city email as an official public record.
Tuesday, September 4, 2012
Price of Crude Way Above $70 a Barrel -- City Needs to Recompute Revenues
If you read this chart for the price of Crude Oil -- and factor in that crude oil taken from Long Beach commands a slightly higher price than the posted WTI Crude -- you will see that the price remained way above the $70 now booked in the City Budget.
What does that mean? More revenue for the City.
Save Station 18
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