Get gas...

Gas prices are going crazy here in South Carolina. We used to have some of the cheapest prices in the nation now gas is going for 5 dollars in some places. In my area most stations are out and the ones that have gas are going for 4.29 and up.
http://www.wistv.com/
 
I just heard on MSNBC something about gas rationing in 11 Southeast states. I did NOT hear the whole story. I think they mean that gas stations are limiting how much you can buy at one time, but I'm not sure.

Meanwhile, here in TN, we have LONG lines at some stations--the ones that are still $360ish. NO lines at the $3.90ish and $4+ stations in the area.

Whoever said, "never let your gas tank go below half" is SO right! I wish I had the discipline to follow that advice. I keep thinking that I'll just get it tomorrow. BAD habit...
 
I bought 25 gallons of gas to keep in the shed before I went to the Rally for the Republic. I always like to keep some extra "bug out" gas around.

The reserves are not to escape price bumps. It is more to escape any potential supply disruptions.
 
Ninja Homer said:
Thanks for the warning. I needed gas anyway, and just filled up for $3.44/gallon, and that was for the medium grade stuff (same price as the low grade). I guess it may take a little longer for the costs to trickle up to Minnesota.

A full tank usually lasts me a couple weeks, because I work from home and just don't drive that much. Hopefully that'll be long enough to last through any price bumps.

Damnit, I just remembered I have a wedding in Wisconsin to go to tomorrow. :mad: Oh well, if the price jumps tonight I guess I just saved some money.
Click to expand...


No problem my friend, I just hope I saved people some money by reminding them...
 
Rationing in 11 states right now.

A Big Houston hurricane on the back of a LA hurricane is pretty much worst case for Oil supplies.

Ike could bury several refinieries which could mean *weeks* of gasoline shortages.

Which might mean a week or two of food shortages.

Don't panic or anything.
 
Last edited:
idiom said:
Rationing in 11 states right now.

A Big Houston hurricane on the back of a LA hurricane is pretty much worst case for Oil supplies.

Ike could bury several refinieries which could mean *weeks* of gasoline shortages.

Which might mean a week or to food shortages.

Don't panic or anything.
Click to expand...

They just said 150 refineries shut down for now.
 
You guys just made me go out and get gas :D It's $3.71 here up 10 cents from yesterday.
 
90% + of everything has been shutdown *since* Gustav.

This mean that inventories are really low and nearing minimum operating levels. Shortages have been showing up since last week in the mid-west.

20 Feet of Salt Water may take some of the really really big Houston refineries ofline for a while. Is such a case the Strategic Petroleum Reserve won't help because its all crude and there won't be anywhere to refine it fast enoguh.
 
Razmear said:
Just saw this posted at a SC News website:

As of noon today, September 12, 2008, Attorney General McMaster has invoked the
state’s price gouging prohibition statute
“President Bush has declared a state of emergency in Louisiana and Texas due to Hurricane Ike. Pursuant
to SC Code Section 39-5-145, the attorney general now gives notice of an “abnormal disruption of the
market” for gasoline and other petroleum products in South Carolina.
Therefore, as of this notice, price gouging for gasoline and other commodities constitutes an unfair trade
practice and a criminal misdemeanor. “Price gouging” requires the charging of an “unconscionable price”
not attributed to additional costs or market fluctuations. An unfair trade practice violation carries a civil
penalty of up to $5,000 per violation 39-5-110. In addition, the criminal penalty is a fine of up to $1,000
and imprisonment of no more than 30 days 39-5-145(K).
Citizens should report inordinate and suspected violations immediately to local law enforcement. This
office has also established a special email address -- [email protected], and an
information line at (803) 734-3970.”
During such declared period of market abnormality, it is illegal to rent or sell or offer to rent or sell a
commodity at an “unconscionable price” within the state or other recognized area within the state.
Those commodities are defined as goods, services, materials, merchandise, supplies, equipment,
resources, or other articles of commerce, and includes, without limitation, food, water, ice, chemicals,
petroleum products, and lumber essential for consumption or use as a direct result of a declared state of
emergency.
“Unconscionable price” means an amount charged, which either represents a “gross disparity” or
“grossly exceeds” the average price available for those items and services in the same area thirty (30)
days immediately before a declaration of a state of emergency.
Click to expand...

that's messed up. if you don't let them raise prices then the gas is gonna be gone in no time
 
A friend of mine in NC just posted on my board and said she talked to her mom in SC and the cheapest gas was $9.99 and there were still huge lines before it sold out.
 
My town has gas stations out of gas (military town north of Panama City, FL), the few that do have gas have lines of cars. I think it's an irrational gas run (the companies knew demand would go up but did not redistribute supply as always)... it always happens when a hurricane hits, but not usually when its hitting so far away. But there are a lot of evacuees here adding to increased demand I suppose. Its 5:21pm locally and I was just on the road a half hour ago and the bars, clubs, and hotels are packed.
 
Last edited:
jcarcinogen said:
My town has gas stations out of gas (military town north of Panama City, FL), the few that do have gas have lines of cars. I think it's an irrational gas run (the companies knew demand would go up but did not redistribute supply as always)... it always happens when a hurricane hits, but not usually when its hitting so far away. But there are a lot of evacuees here adding to increased demand I suppose. Its 5:21pm locally and I was just on the road a half hour ago and the bars, clubs, and hotels are packed.
Click to expand...

There is very little gas to redistribute. Gustav chewed the inventories.

A lot of stations are just shutting shop because gas is to high to sell without getting torched.
 
just got a fillup, still 3.69 in abilene texas.... the local grocery store was selling for 3.39, i drove by and cars were lined up 40+ cars back over 10 gas pumps... decided the wait wasnt worth it.

My area might not be as affected as others, there is alot of local oil around here still..
 
So what are the estimates for how high gasoline could go? if 14% of our oil comes from the gulf coast at an average of 3.69 a gallon, 14% is 50 cents, so you would think a bare minimum of .50 nationwide.

not accounting the demographics for how much of that oil is dispersed in the south, and how much it will cost to truck in the other stuff.
 
Here in Charlotte, prices are steady around 3.70/gal but most stations are already sold out.

I have a really bad feeling about this development. Not because I see a gas shortage or price spike but rather because it seems like a "test". Like, just how fast can the media turn a relatively normal occurence like a hurricane into a near "crisis" with gas rationing and price gouging? Seems like practically overnight! I feel like the strings are just being pulled again to watch the American people dance like trained monkeys.
 
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