I suspect that the reporter has confused cause with effect in a curious account of the gasoline market in California. The first sentence states that retailers have stopped selling gasoline because of high prices. I have never heard of sellers not wanting to sell because the price is too high. I suspect the reduction in retailers offering gasoline for sale and high price of gasoline are both caused by a shortage of gasoline.
A second curiosity is the statement that "high costs meant profit margins were too low to stay open". Why don't the retailers simply raise price to cover the high costs? I am not aware of any price ceilings.
For an article that reflects a better understanding of supply and demand, read this.
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