Posted on 08/31/2005 3:30:39 PM PDT by Sender
I just paid $4.09 per gallon to fill up with regular. An hour ago the same station was at $3.09. I have verification from WSB Radio 750 Atlanta that local stations are charging from $4 to $6 per gallon, while Atlanta motorists are queued up for blocks to get some. Rumors are that the gas supply in Atlanta will run out before the weekend.
"Is that legal?"
Yes, it is. It's called competition.
Monopolies, other than natural monopolies which are regulated by the states, are illegal of course.
They measure gasoline in liters in Saskatchewan as well as the rest of Canada. 3.78 liters to a gallon. let's see 3.78 * 1.00 = $3.78 a gallon and I think Saskatchewan prices are probably less than many other provinces.
"Michael savage is now calling for price controls on gasoline."
God bless Michael.
He's a great paleoconservative.
Yeah, I'll run my car on good wishes ...
or go ahead and try and take it and see what happens.
Oh, I don't think some filthy thieving slimebag with a shotgun is going to hold off a mob of butt-sore gas consumers with shotguns ...
What you perceive as "gouging" and the like is part of the capitalist system.
What you defend as "capitalism" is nothing more than profiteering. In the old days, these crooks would be swinging from railroad overpasses.
I have a feeling there is no use explaining it to you.......
I have a feeling that you're an apologist git ...
You can listen to the Kimmer on-line at the WGST website....
NeverGore
At Least Ten U.S. Airports Face Closure Due to Jet Fuel Shortages
Airportbusiness.com ^ | 8/31/05 | Armbrust Aviation Press Release
At Least Ten U.S. Airports Face Closure Due to Jet Fuel Shortages Armbrust Aviation Group Press Release August 31, 2005… Airlines and oil companies are working on plans to supply jet fuel to at least ten U.S. airports that could be shut down due to a lack of jet fuel caused by refinery and pipeline shutdowns from hurricane Katrina. The airports in most jeopardy for closure include Atlanta, Charlotte, Ft. Lauderdale, Ft. Myers, Orlando, Tampa, Washington Dulles and West Palm Beach.
AAG has learned that ChevronTexaco and Shell had cargoes loaded prior to the shutdowns destined for Florida ports. However, with the Colonial and Plantation pipelines shutdown due to a lost of power it could be sometime for shipments to reach airports from Atlanta to Washington D.C.
With future supply uncertain, airlines are working on plans to allocate jet fuel at critically short airports. “While some airports may have up to five days of supply we have to expect that we won’t receive additional shipments for some time. We either run down to flumes or we try to make it last as long as possible,” said one airline fuel manager. Today, airlines are working on plans to allocate fuel in hopes of extending available supply at problem locations.
Initial reports vary as to the extent of damage to Gulf Coast refining. But a longer term problem may not be refining infrastructure but providing shelter for refinery workers. “One of our refineries is scheduled to be back up soon but our real problem is finding housing for our workers. Most of their homes are destroyed or under water. Unless we can solve the housing problem we will not be fully operational for some time,” said one major oil company representative.
NeverGore :^)
I just saw the low price at $3.29 in my neighborhood (up 30 cents since Monday).
Hmm, maybe that's why gas prices have jumped 50-60 cents here in OH since Monday.
The Acworth tank farm must have millions of gallons in it. Pilots use it for a navigation landmark -- it's HUGE and you can see it from miles away even in low visibility.
No reason for the lines to be out the interstate ramp except for alarmists on the radio.
WHOA! I just looked up Atlanta and now it is showing one station selling for 7.00.
"Yeah, I'll run my car on good wishes ..."
LOL.....under your scenario - you won't have gas to put in your car. So you'll be walking.
You and the rest of whiners are too thick to realize that if you want gas available to you, you have to pay for it.
"Oh, I don't think some filthy thieving slimebag with a shotgun is going to hold off a mob of butt-sore gas consumers with shotguns ..."
Are you from New Orleans there, RubberJohnny? That's how they go shopping there these days.
"What you defend as "capitalism" is nothing more than profiteering. In the old days, these crooks would be swinging from railroad overpasses."
What the guy selling gas is doing is ensuring an adequate supply for those folks willing to pay the price. You are frustrated because you don't like the price. Fair enough, but you'll pay it eventually (whatever the price ends up being), because you would rather ride than walk.
"I have a feeling that you're an apologist git ..."
LOL....maybe I am that, but I am also attempting to impart basic economics of supply and demand. It's the way it is, like it or not. Your way is the way of pedestrians. Think it through unemotionally.....you'll get it eventually.
I agree - finally, a profession at which I can earn a decent living.
Then again ... we are going to be short 2.5 million million barrels of crude oil per day for some period of time between shut in GOM production and a million and a half barrels a day of inbound LOOP cargoes cannot be landed elsewhere because the tankers holding the cargoes are too big to unload [efficiently] anywhere except at LOOP.
When I first heard that W was looking to tap the SPR, my first though was politics. My current thinking is if not now, how serious would it have to get?
As you noted, another few days will tell the story. For now there seems to be constraints everywhere I look. [Yikes.]
If the FTC was doing its job, it would be investigating what the station bought the gas for and what its selling it for! Was there any price gouging in the aftermath of Katrina?
I agree with you so re-read what I posted....
I simply stated that there is a basis of truth to the supplies running low...BTW, the "Acworth" farm only has a 3 day supply of gas for the ATL metro area.....
Panic buying does cause an immediate shortage....Colonial Pipe should have partial capacity on their mailine 1&2 by morning...
We do love our SUV's here....
NeverGore :^)
I'm agreeing with you too. There IS a shortage on the horizon, but if folks didn't panic we'd be o.k. even if Colonial doesn't get full capacity back right away.
(I represented Colonial and Plantation years ago in a lawsuit. The local suburbanites were annoyed at the companies' cutting back overhanging foliage so they could survey the pipelines from the air for leaks . . . shortsighted of them.)
Yes, this is the American way.
Walking just as far as the corner gash station, where I'll take a bat to the crook's skull.
You and the rest of whiners are too thick to realize that if you want gas available to you, you have to pay for it.
How much, Apologist? What's fair? You channeling Ayn Rand again?
Are you from New Orleans there, RubberJohnny? That's how they go shopping there these days.
At least their looting is done the old-fashioned way: they pitch a brick through a window. The looting done by the stinking oil companies is done with the stroke of a pen and a phone call.
And no, RubberDick, I'm not from New Orleans.
What the guy selling gas is doing is ensuring an adequate supply for those folks willing to pay the price.
Yeah. That's what he's doing. He's not lining his pockets at the expense of working class folks. He's a freakin' altruist, doing his best to make sure the desperate have enough gas to get to work ... if they're willing to sell their children into slavery.
You are frustrated because you don't like the price.
No wonder you're an engineer. You have a brilliant grasp of the obvious.
I am also attempting to impart basic economics of supply and demand.
Then try to understand this: gasoline does not follow supply-demand curves. It is the classic example of a commodity with inelastic demand. Has consumption gone down proportionally in the last round of gouging? No. People will pay whatever is demanded for gasoline, because they have no choice. And don't give me a bunch of oombalah about mass transit or bicycling or any of those other utopian fantasies. Our cities are built on the assumption that residents will be able to commute to work, school, church, the grocery store, etc.. That trend can't change overnight; the gougers know that. And they're exploiting that, peoples' fear, and a modest shortage to amass record profits. Look at the annual reports for any oil company. You'll get it eventually.
The United States should immediately attack Saudi Arabia and seize the oilfields to guarantee a stable supply.
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