Gas Price Spike

Gas Price Spike

www.wxii12.com

Prices between $4 and $5 per gallon are being reported at stations in Winston-Salem and Greensboro, with some locations charging more than $5. The average price in the state for regular unleaded on Thursday was $3.62.

(visit the link for the full news article)

This is happening in NC, SC, VA, TN, MO, IN

People are starting to freak out and my personal source in Greenboro NC says that 3 out of 4 gas stations are OUT of gas and diesel alltogether.

www.wxii12.com
(visit the link for the full news article)

I live in Tennessee and the gas station was only allowing 10 gallons per vehicle, some the average was about $4 a gallon, one place I saw had $4.29 up. It's because of the Hurricane shutting down our gasoline refiners.

not surprising at all, we have come to expect this. There is NO shortage of Oil, and we have got a good supply for quite fews years yet, its just political.

This is getting insane, Ike isn't even a category 3 and its causing a mess. I personally think this will just be a temporary spike and everything will be alright in the end. But if the refineries and off shore wells are damaged I bet we could see a major economic breakdown. How much more can the US take? This just shows how dependent the US is on Texas and Mexico's oil & refinery. This is the point in time where I'm glad I am living in Wyoming...

Originally posted by monkeybus
not surprising at all, we have come to expect this. There is NO shortage of Oil, and we have got a good supply for quite fews years yet, its just political.

This has nothing to do with oil, and everything to do with Gasoline; Oil futures were barely up today, gasoline was up, and their is a shortage of gasoline in this region because the refineries have been shut down...and that's how you get gasoline...anyhow, this is temporary.

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