Posted on 03/15/2020 5:37:51 AM PDT by Oldeconomybuyer
NEW YORK - At two gasoline stations in Scarsdale, a wealthy suburb of New York City not far from one of the nations worst outbreaks of coronavirus, attendants whiled away the minutes on a rainy Friday morning at what would normally be their busiest time of day.
Weve had one or two customers - thats it, said Julio Barrios as he sat under an umbrella at the full-service Shell station in downtown Scarsdale. For more than a week, business has been slow.
The coronavirus has infected at least 138,000 people worldwide and killed more than 5,000, rocking the global economy.
As cases steadily grow across the United States, Americans are cancelling road trips, running fewer errands and finding they dont have to drop their children off at school following widespread closings.
The irony is that drivers are parking their cars at a time when gasoline is more affordable, which usually spurs more driving. The average price for a gallon of gasoline is $2.28, lowest since 2017, according to the American Automobile Association.
The United States consumes more than 20 million barrels of oil and petroleum products daily, the most worldwide, and motor gasoline accounts for nearly half of that, at about 9 million barrels a day. But the coronavirus outbreaks effect on driving activity is expected to be drastic.
We would estimate commuting and leisure driving will be down up to 50%, with most impact in the northern states where the virus spreads faster now, said Per Magnus Nysveen, senior partner at Oslo, Norway-based energy research firm Rystad Energy.
(Excerpt) Read more at reuters.com ...
smile smile
With all the hoarding going on with toilet paper and water what state will some idiot have 55 gallon barrel drums full of gas in his garage?
Place your bet now.
“”Watched them do it. Bookmark for documentation.””
You saw people buying perishable foods for stockpiling?
And they told you that, right? Amazing! In how many stores, cities, states, did you see this? Amazing!
THere is also an app for that. I have it on my iPhone. I imagine there is an Android version as well. Wish there were a station closer to me than Denton, Tx.I try to run pure gas in my motorcycles and lawn equipment.
If you’re not worried about price, try the local gen aviation airport for some 100LL. ($4.80/gal here locally)
Beats the over $4/gallon we had about a year ago.
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