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Do you think that we will have any in the US?
I read online that some stations where out of gas.
I read online that some stations where out of gas.
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Re: Gas Shortages
I think it's going to be an expensive winter. From Bloomberg news:
<i>In the past five years, pump prices have averaged about 62 cents higher than Nymex futures, Bloomberg data show. Based on today's record futures price, the average cost to U.S. consumers may reach $3.19 a gallon.</i> -
Re: Gas Shortages
I personally don't think we'll have a shortage of gas just yet. Will it be expensive to buy ? absolutely.
Terry, I find that to be a conservative guesstimate, I have a feeling we'll see prices close to $4/gal if not more. Many analysts have predicted the prices to go as high as $100/barrel!Originally posted by terry1156Comment
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Re: Gas Shortages
Somebody or something is stopping gas from flowing to pumps. Katrina is the latest culprit. Prices are rising and our governor has mentioned the "R" word. R being Rationing. I also read that the US goverment is going to release some of its reserves. But I think that prices will escalate making it very expensive to buy.Comment
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Re: Gas Shortages
We had a station in Illinois that ran out. It was a bp. who knows whyComment
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Re: Gas Shortages
The prediction is that gas will hit $4/gallon:
This is getting scary...Comment
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Re: Gas Shortages
Over $6/gallon in Atlanta today.
#Comment
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Re: Gas Shortages
We're already conserving almost as much as we can. I haven't seen my mom since March. I'll drive the 500+ miles to see her next month and that will probably be the last time I see her until she comes to see me. That's our main extravegance. The other is the trip to beach. 80-100 miles roundtrip. It will be cut down to only once every 4-6 weeks. Which is sad, but that's all we can really do.
I guess we'll explore the idea of using the bikes for camping and just plan to leave right after work on friday evening, bike until we get to a camping spot and camping there then biking to an attraction. Of course, that's mighty dangerous down here where the roads are constantly being worked on and narrowed down to 2 lanes with no shoulders and people driving 70+, and no back roads to take instead.
I guess maybe we'll just give up on the idea of exploring new areas for recreation.Comment
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Re: Gas Shortages
From what I understand, it isn't a problem of a gas shortage as in not enough oil, but in the processing capacity. the Hurricane shut down a number of refineries and this has caused the current shortages - lack of capacity.Comment
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Re: Gas Shortages
As I posted on another thread, a local Costso ran out of petrol today and is not able to get anymore at this time. I imagine that will become more prevalent as time passes.Comment
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Re: Gas Shortages
Oil is a finite resource guys and with it being relatively scarce it only takes events such as this to throw people into a mess.
The Hirsch report is predicting peak oil in the next 10 years after which prices and availability of oil will become sticky issues.
Best start planning for life without the black stuff or hoping that alternatives are found.Comment
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Re: Gas Shortages
Driving back from Lowe's last night (3 miles from my house), I saw THREE gas stations that were out of gas. And those that had it had long lines, people with boats, etc. It's crazy.
Maybe we should go right to odd/even days...Comment
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Re: Gas Shortages
It's $3.00 a gallon here. I'm thinking about going on Gad-about Tours, a local tour service that takes you places for a set fee. They don't go to the beach, but they do go to fun events in the LA area, including the King Tut exhibit in LA.
I'm grateful for my little gas saving Honda, but I'm starting to eye my bicycle as an alternate method of getting places locally (one that will exercise my poor 50 year old body too
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Besides work, which is a 12 mile round trip, I have church on Sundays, and I'm thinking about doing errands after church that I would normally do separately, like going to Trader Joes and the Library.
I can't complain though, I keep thinking about those poor people in New Orleans and the other places that were wiped out by Katrina.Comment
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Re: Gas Shortages
This is clearly price gouging...and its quite sad what's happening in New Orleans, however, I can't help but wonder if this could've been avoided.
In early 2001, the Federal Emergency Management Agency issued a report stating that a hurricane striking New Orleans was one of the three most likely disasters in the U.S., including a terrorist attack on New York City. But by 2003 the federal funding for the flood control project essentially dried up as it was drained into the Iraq war. In 2004, the Bush administration cut funding requested by the New Orleans district of the U.S. Army Corps of Engineers for holding back the waters of Lake Pontchartrain by more than 80 percent. Additional cuts at the beginning of this year (for a total reduction in funding of 44.2 percent since 2001) forced the New Orleans district of the Corps to impose a hiring freeze. The Senate had debated adding funds for fixing New Orleans' levees, but it was too late.
Full article: http://service.spiegel.de/cache/inte...372455,00.htmlComment
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Re: Gas Shortages
I guess they figured that seen as one of the three most likely disasters in the US already happened (terrorist attack on NY), what would be the chance that a second would hit within a few years?Comment
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