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Originally posted by marg6043
I am from South GA, I already posted what is going on in my neck of the woods.
loammy friend I have not reason to lie, what I posted is what is going on in my area, already gas in other small towns is gone.
Fears of gas shortages are leading to exploitation in some parts of the Southeast, where some stations are reported to be charging as much as $6 a gallon for gas.
In North Carolina, Gov. Mike Easley has declared a state of "abnormal market disruption" and signed an order allowing the attorney general to enforce the state's anti-gouging law. In South Carolina, Attorney General Henry McMaster invoked a similar law for his state, and Kentucky Gov. Steve Beshear declared a state of emergency.
"Fear of price gouging is bad in the state right now," Mark Plowden, communications director for the South Carolina attorney general told ABC News. "Public panic can cause a run on the pump, creating more panic, so we are trying to control the situation."
Originally posted by loam
Here is the real question. Given the likely devastation, how much more do we think our economy can bare?
Of course the economy will be damaged by this storm and the apparent shut down of a cluster of oil refineries
Originally posted by ChocoTaco369
One thing you don't understand is that gas prices have to go up immediately in order to pay for the next shipment.
John Porretto and Mark Williams ASSOCIATED PRESS
Sunday, September 14, 2008
Fears of supply shortages and actual fuel-production disruptions resulting from Ike's lashing of vital energy infrastructure led to pump-price disparities of as much as $1 a gallon in some states, and even on some blocks.
Late Saturday, the U.S. Minerals Management Service said there were two confirmed reports of drilling rigs adrift in the central Gulf of Mexico.
Compounding the jitters and higher costs for gasoline retailers was the fact that some big refineries along the Gulf Coast had been shut for nearly two weeks following Hurricane Gustav. Power outages caused by Ike threatened to keep millions of gallons of gasoline output idled for at least several days.
This whole thing does show how the prices we all pay for fuel are all driven by speculators... Investors who are all seeking to make as much as they possibly can
Originally posted by TheRedneck
Please remember this when you ask for a raise next time. That is trying to make as much as you possibly can. And that, my friend, is saying one thing while doing another - hypocrisy.
You want this to end? Then get on the bandwagon to drill more wells and build more refineries in other locations than TX/LA. That way, if 'the wind blows' in one place, the other locations can take up the slack.
Originally posted by ChocoTaco369
reply to post by The_Alarmist2012
Remember, the gas stations are operated by the little guy.
Retail gasoline stations, once again, make pennies per gallon of gasoline.