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Originally posted by jtma508
The answer: No to ALL incumbents in Nov. Get rid of all of them and lets start over. It's a start.
Originally posted by St Udio
Wachovia moved their main operations from Richmond VA, i think...
[edit on 28-9-2008 by St Udio]
Let Gustav and Ike serve as a warning.
The hurricanes packed less power than feared when they blew ashore in Louisiana and Texas.
But they touched off a series of events that led to maddening gas shortages throughout the Southeast, exposing the region’s dependence on a cluster of Gulf Coast refineries and a pipeline stretching from Houston to New York.
Panicky buying that put drivers in gas lines hours long no doubt played a role in prolonging a crisis expecting to carry over into next week.
“Some of them get gas I think might last them for months, because they fill up five or six gallons in their trunk,” said Richard Fair, assistant manager at an Asheville Hot Spot convenience store. “That’s what it is. People are stockpiling.”
But other factors also were in play, including:
• Wild swings in gas prices that make it impractical for suppliers to stockpile fuel.
• A near-total dependence on gas from one source — terminals in Spartanburg, S.C.
• A slow government response to a growing crisis.
• Industry and government officials caught off guard by a “perfect storm” of events.
“This crisis reminds me a lot of the blackouts, where all the sudden the electricity, which is something we take for granted, was something that became a major policy issue,” said Chris Cooper, director of the Public Policy Institute at Western Carolina University.
“So if there is any positive that I see coming out of the situation, it is that maybe national, and to a little bit lesser degree state governments, can look at how to make sure this crisis doesn’t happen again and maybe prevent a bigger crisis down the line.”
1. Ike closed down most refineries in TX, specifically those that feed the Colonial Pipeline.
2. It takes 10 -12 days for a gallon put in in TX to get to Batelburg, SC
3. Refiners were changing over from summer formulation to winter formulation which caused low reserves, before the storm damage.
4. Officials at the federal, state and local levels, failed to do their own research from source documents and believed the misinformation bandied from one to the other.
5. Locals not only filled vehicle tanks but also stockpiled fuel creating an artificial demand which contributed to the shortage
6. Fueling stations were threatened with "gouging charges" when they priced the fuel to reflect what they had paid for it.
7. Next time, local governments, when natural events appear to threaten our sources of supply (crude/refined fuel/transport) institute odd/even 10 gallon maximum which will mitigate the impact.