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Posted on 09/12/2008 1:41:12 PM PDT by Old Sarge
LOUISVILLE, Ky. (AP) -- Kentucky's governor has signed an order declaring a state of emergency and invoking the state's anti-price gouging law as Hurricane Ike bears down on the Texas coast.
Gov. Steve Beshear signed the order on Friday, saying gas stations started raising fuel prices overnight before the storm made landfall.
Beshear signed the order at the request of Attorney General Jack Conway, who said in a letter released Friday that invoking the law now will help prevent predatory pricing.
(Excerpt) Read more at whas11.com ...
I live in Kentucky. Gas rose between $1 and $1.20 during a four hour period last night. Some stations had gas for $4.59 last night at 10 PM. This morning they were at 3.89. Fishy, at best.
Gas is now $4 here.
I don't think the pipelines run from New York City to Kentucky/Tennessee/Arkansas/Kansas/Missouri.
There are 40% of the nation's refineries affected by Hurricane Ike, and 20% in the path of the Hurricane.
Start pumping that Gasoline out of New York City into Kentucky... Or maybe from California...
It’s gettin on up here in GA.
$3.90/gal I saw on my way home from work.
It was around $3.59 two days ago.
Yep. It’s ironic that we have a refinery right here & our gas prices are the highest in the region.
Just lay a 2,000 mile pipeline overnight, and you this baby solved!!!!
Hurricane Gustav tightened supplies. Hurricane Ike has broke the supply chain.
Anyone want to start rebuilding some refineries starting Monday in Texas.
Two of the world's largest refineries are in the path of the landfall of the Hurricane Ike, along with a 30 foot surge...
The Baytown and Texas City refineries probably needed to be rebuilt from scratch anyway...
But once refineries in Baton Rouge, New Orleans and Biloxi were back online, nobody cared.
There has only been ONE new refinery built in the 50 to 70 years, and I think it was just recently started in the process of construction...
Surprise! Another pair of hurricanes and another problem with gasoline supplies and prices...
The only reason the oil companies (50 to 70 years ago) built the refineries where they did was to be close to the supply.
Standing “O” for you!! With cheers!
It's not the oil now, it's the shutdown of all the gasoline refineries along the Texas coast which account for approx. 25% of this nations gasoline production...........
If you have a problem with that then contact your congressman and ask why there haven't been any new refineries built in this country since 1976.
Under the Carter administration they knew there was a problem then but nothing was done. They knew there was going to be a problem with oil back in 1994 when congress passed the ANWR drilling bill but Clinton vetoed it.
As is always the case, your federal government, aided by its propaganda machine in the MSM have successfully convinced you that the problem here is the EVIL OIL COMPANIES..........and only the government can step in and fix the problem.
BUILD REFINERIES NOW AND WHILE YOU'RE AT IT, DRILL HERE AND DRILL NOW!
Anti price “gouging” laws provide a disincentive for people to sell their goods in a disaster area. The reason things get expensive is because it’s more expensive to access disaster areas and tougher to get resupplied. Goods become more valuable and thus used more efficiently. If you have to pay 8 dollars for a bottle of water, you’re going to use it well. If you pay 2 dollars, chances are you won’t have water when you really need it.
***Where are you finding gas so cheap? I haven’t seen $3.79 since last April or early May. ***
NW Arkansas and NE Oklahoma. It gets cheaper toward Tulsa.
I live in Madison, Mississippi — more than 200 miles from the Mississippi Gulf Coast. I tried to buy gas on the way home today. The first three stations I tried were sold out. The fourth had a line that contained about 25 cars out on the street and the cars were 3 deep at the pumps. I’m going to try again early tomorrow morning. The same thing happened the weekend before Gustav hit. I don’t really understand the siege mentality.
I went out and filled up my car knowing that the prices would rise.
I’m hesitant to call $1 a gallon price gouging.
I think it is wrong to hold life and limb over a person’s head to get a higher price. An ambulance coming on the scene of an accident and refusing to help until a person signs over property would be an example. That is price gouging to me.
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